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Updated about 7 years ago on . Most recent reply

User Stats

48
Posts
71
Votes
Jared K.
  • Real Estate Syndication and Property Management
  • Studio City, CA
71
Votes |
48
Posts

CAM Fees Included on Calculating Gross Income for PM

Jared K.
  • Real Estate Syndication and Property Management
  • Studio City, CA
Posted

Anyone know if CAM - Common Area Maintenance fees are included as gross income for purposes of calculating property management fees.  Stated differently, we specialize in residential property management but are getting into commercial properties to manage. If we are charging the owners 6% of gross rents collected for managing their commercial space, does this include CAM fees as part of calculating gross rents?  I'm thinking that it would since my company IS in fact collecting the CAM fees.  Just seeing what others are doing out there, thanks! 

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