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Updated over 7 years ago on . Most recent reply

User Stats

29
Posts
10
Votes
Beau Ordemann
  • Investor
  • Baltimore, MD
10
Votes |
29
Posts

avg property management fee?

Beau Ordemann
  • Investor
  • Baltimore, MD
Posted
I'm looking to understand property management overall commission as a %of rent. I currently pay about 14-16% after you take into account tenant placement fee (1 month rent), account start up fee, monthly fee, renewal fee (if tenant stays). seems like a lot. But wanted to get feedback from this group. I'm in the Baltimore County area, but interested in feedback on general regardless of market. thanks!

Most Popular Reply

User Stats

247
Posts
321
Votes
Ian Barnes
  • Rental Property Investor
  • Baltimore, MD
321
Votes |
247
Posts
Ian Barnes
  • Rental Property Investor
  • Baltimore, MD
Replied

There are maybe 4 PMs in Baltimore City that know what they are doing and understand investing in the city.  They all charge 10%.

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