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Updated over 7 years ago on . Most recent reply

Derek Worsley's profile image
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Derek Worsley
  • Investor
  • from Indianapolis, IN
  • Member since Aug 14, 2017
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Derek Worsley's profile image
Derek Worsley's profile image
Derek Worsley
  • Investor
  • from Indianapolis, IN
  • Member since Aug 14, 2017
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Derek Worsley
  • Investor
  • Indianapolis, IN
6
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General Real Estate Investing

Analyzing deal- property management

Derek Worsley
  • Investor
  • Indianapolis, IN
Posted
Quick question. Running the numbers on duplex and budgeting in 10% for Property management. Do property management companies charge you per unit or total for the property? Thanks in advance
  • Derek Worsley
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    Robert Gilstrap's profile image
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    Robert Gilstrap
    • Residential Real Estate Broker
    • from Cartersville, Georgia
    • Member since Nov 3, 2015
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    Robert Gilstrap
    • Residential Real Estate Broker
    • from Cartersville, Georgia
    • Member since Nov 3, 2015
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    Robert Gilstrap
    • Residential Real Estate Broker
    • Cartersville, GA
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    Robert Gilstrap
    • Residential Real Estate Broker
    • Cartersville, GA
    Replied

    PM services are almost universally priced by the door/lease. So a duplex is 2 doors, a triplex is three, etc. Factor leasing fee up to one months rent and monthly mgmt fee from 6-10% depending on area. 

  • Robert Gilstrap
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