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Updated over 3 years ago, 07/13/2021

Eric J Platter's profile image
Eric J Platter's profile image
Eric J Platter
  • Accountant
  • from St. Louis, MO
  • Member since Jan 10, 2019
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17
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4
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Eric J Platter's profile image
Eric J Platter's profile image
Eric J Platter
  • Accountant
  • from St. Louis, MO
  • Member since Jan 10, 2019
Connect
Eric J Platter
  • Accountant
  • St. Louis, MO
4
Votes |
17
Posts
Multi-Family and Apartment Investing

Asset Management & Payroll for MF

Eric J Platter
  • Accountant
  • St. Louis, MO
Posted

When creating/reviewing a Pro Forma for a MF investment when they have both have Payroll and a Property Management Fee are they double dipping?  Should the PM Fee be less if you have onsite staff?  I know the rule-of-thumb is one person for every 50 tenants but how does that work when your Pro Forma has both? 

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