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Updated about 2 years ago,
Increase of Rents with Increase in Property Management Income
Question to the BP Network-
With the steep increase in rents in the marketplace. Is anyone seeing adjustments to Property Management fee percentages? What is fair? At what volume should a discount be discussed? 10 units? 20 Units? 20+? It is a needed function of my team, but it is a large expense. Love to hear how some have overcome or dealt with this situation. Thanks in advance.