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Updated over 5 years ago on . Most recent reply
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Allentown PA Property Management
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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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.