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Updated about 10 years ago,

User Stats

11
Posts
1
Votes
Sandra Han
  • Real Estate Investor
  • Orlando, FL
1
Votes |
11
Posts

Property Management Co., is this a red flag or normal?

Sandra Han
  • Real Estate Investor
  • Orlando, FL
Posted

If the rent I collect is $975, instead of the PM co. taking its $97.50 (10%) cut, it rounds it up to $98, since it's only 50 cents more each month, is this normal?

If this PM co. rounds up its management fee, I wonder if it does the same for repairs.

By the way, this PM co. is highly recommended by a member who writes articles on BP.

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