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Updated about 3 years ago,
Garage conversion project manager fee
I have a property in a college town, I am converting the garage into two bedrooms and a bath. My property manager is going to act as the GC/project manager for the project (he is certified and has insurance). He is charging 8.5% of all costs which is approximately 60k, which turns out to 5k for him. Is this an appropriate amount to charge?