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Updated about 9 years ago,

User Stats

7
Posts
0
Votes
Max Powers
  • Real Estate Investor
  • Miami, FL
0
Votes |
7
Posts

Common to pay travel exp + mgt fees?

Max Powers
  • Real Estate Investor
  • Miami, FL
Posted

I have several other properties and pay the property manager a fee on total revenue as well as for any supervising they do for work done on the property.  I just bought a new property in Florida with a different management firm and see a charge on the first report for travel expenses.  This is for people at the management company to travel to the property and just check to see how it looks and talk to tenants.

The agreement I signed only shows paying based on gross rents for performing management services.  I also am supposed to pay for construction work done and of course for leasing.

Is it common to have travel added or am I justified in complaining?  My other properties have all been in another state with a different firm, so I just wanted to double check on industry norms.

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