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Updated about 7 years ago,
Pay Structure for Full time Property Manager/Coordinator
I have read several post with great comments but those dated back 5 to 7 years ago, so I was wondering if I can get updated information
I am planning to hire a project manager full time (W2) so what are the recommended pay structures you suggest?
This was what I was thinking
1) $1000 a month + 10% commission on expected Net Profit
or
2) $1000 a month + $2000 per completed project (we do 30 to 50 rehabs a year)
or
3) $50,000 a year and bonus at the end of the year based on performance
I appreciate your comments
- Hector Perez
Smart Real Estate Investing