I want to get a new property management company.

[Danilo Ojeda]

I’m thinking about getting a new property management company. I’m currently with renters warehouse. They charge rent and a half if they find someone and lease it for 2 years. For them to manage it it cost $109 per month. Which other property management would you guys recommend and why? Also if I get another 2 year lease, renters warehouse charges a month and half of rent. So rent is $2,200. That’s a total of $3,300.

[Christopher B.]

On the plus side, $109 of $2,200 is about 5%, pretty far below the 8-10% that most pay.  8% of $2,200 is $176.  The difference is $67/month.  $67 x 24 months is $1608.  $3,300 - 2,200 is $1,100.  You are ahead by $508, compared to what most pay per month for smaller rental properties.  If they are charging another 1.5 of the rent for a renewal, perhaps you can negotiate that down.