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Updated almost 9 years ago on . Most recent reply

User Stats

480
Posts
197
Votes
Andriy Boychuk
  • Rental Property Investor
  • Staten Island, NY
197
Votes |
480
Posts

Property Manager Fees?

Andriy Boychuk
  • Rental Property Investor
  • Staten Island, NY
Posted

What is a typical or average property managment company fee for 50+ units park? thank you

Most Popular Reply

User Stats

512
Posts
338
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Jeffrey H.
  • Houston, TX
338
Votes |
512
Posts
Jeffrey H.
  • Houston, TX
Replied

10% is a fair average @Andriy Boychuk, but it really varies on # pads and services offered as mentioned (e.g. do they handle coordinating repairs for a Park with 100% POH's for example - that's a lot of work!).

I am curious how you're shaping your offer just out of sheer curiosity, and how you will fund the turnaround to make it worth your while.

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