Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Property management question
Working on deal analysis for my first deal. I see a lot of people use 8 to 10 percent of income for property management during analysis. If my tenant moves when the lease is up the property managers in my area charge a months rent plus 8 percent of monthly income to manage. One month of rent is 8 percent plus the other 8 percent is 16% of incomei for property management. Am I wrong to use that big of a number during my analysis?