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Updated over 6 years ago on . Most recent reply

User Stats

34
Posts
6
Votes
Joe E.
  • Rental Property Investor
6
Votes |
34
Posts

Asking for a PM fee structure spot check

Joe E.
  • Rental Property Investor
Posted

Met with area PM & reviewing fee structure, and wanted a "BP spotcheck" to see if these costs are reasonable.

* Ongoing Maint Fee: 10% with min of $200/mo
* Leases: new --> 1/2 of 1 months rent with min of $1,000 // re-lease -> $200
* Maint/Service calls: normal business hours --> $50/1st hr, then $35/hr // Off hours --> $75/1st hr, then $50/hr.
* Project Management: 20% of total charges with $200 min.

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