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Updated about 2 years ago on . Most recent reply

User Stats

138
Posts
27
Votes
James W.
  • Investor, Entrepreneur
  • Greenville, WI
27
Votes |
138
Posts

What do you charge to manage other people's properties?

James W.
  • Investor, Entrepreneur
  • Greenville, WI
Posted

I have a person that has a couple properties he doesn't want to manage.

From what I gather, the tenant used to work for him and as such they have a personal relationship that is causing issues. The tenant isn't the best, and what really needs to happen is the tenant should be evicted, but he doesn't want to be the bad guy.

I'm ok with being the bad guy. Rent is late, I send out a notice. Notice is ignored, I send out an eviction. No problem.

What is the standard fee to take over all this stuff as a "Property Manager"? 

Any feedback is appreciated! 

Most Popular Reply

User Stats

4,456
Posts
4,295
Votes
Ben Leybovich
  • Rental Property Investor
  • Phoenix/Lima, Arizona/OH
4,295
Votes |
4,456
Posts
Ben Leybovich
  • Rental Property Investor
  • Phoenix/Lima, Arizona/OH
Replied

Most States require an activated RE sales license to manage, unless you are a principle. 

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