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Updated over 5 years ago on . Most recent reply

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Eli Weiner
  • Property Manager
  • New York, NY (nyc)
0
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Allentown PA Property Management

Eli Weiner
  • Property Manager
  • New York, NY (nyc)
Posted

I am new to property management and would like to know what the avg Management fee % is in the Allentown PA market.

Is it 5%? 10%? more?

Also, any other ways to make money as a property manger besides the basic management fee? Thanks and happy investing

Most Popular Reply

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197
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Chad Gallagher
  • Rental Property Investor
  • mid atlantic
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197
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Chad Gallagher
  • Rental Property Investor
  • mid atlantic
Replied

I agree 7 to 10% is about right for a management fee. Also typically 50% to 1 months rent to find a tenant.  On the fees side, it's a laundry list of potential fees including eviction fees, surcharges, etc.  

For what's it's worth, in Allentown we charge 7% of collected rent and 50% of one months rent to find a tenant. 

Feel free to ping me directly if you have any more questions. 

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