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Updated about 6 years ago,

User Stats

19
Posts
6
Votes
Ron Fiscus
6
Votes |
19
Posts

Pay for onsite manager

Ron Fiscus
Posted

Hello,

I would like to hear any creative ways to pay an onsite manager.  I hear a common way of paying anywhere from 5% to 10% of gross rents, but I'm not sure that is how I want to do this.  I believe in and want to compensating well, but I want to compensate on performance.  I was thinking on maybe a very small percent maybe 1 or 2 percent of gross rents, but than doing a very large percent of the positive cash flow.  Any thoughts or other effective ways anyone has been paying an onsite manager?

Thank you,

Ron  

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