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Updated over 9 years ago,
Poll: How much do you pay per door for property management?
Hello BP community,
I had lunch with a fellow BP'er and the topic of property management costs came up. I realize that there is a fairly wide range of work a PM could do for an investor, but I am just looking for a general data. Please tell me:
1) Where is your property?
2) How many doors do you own?
3) How much do you pay per month per door?
4) What is the percentage of rent?
I am a buy and hold investor, NOT a property manager. Being in the SF Bay Area I am curious to know where my local PM cost stacks up against other regions of the nation.
Thanks for helping me address my curiosity!
-Arlen