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Single Family Management Fee Scenerios
I have been curious about want owners of single family's prefer in management fees. Can anyone offer any feedback?
Option 1 - Set monthly fee and a set lease up fee. In my market I typically see around $75.00 per month as a management fee and 75% to 100% as a lease up fee.
Option 2 - Higher monthly management fee, but spread out payment of leaseup fee.
Basically the example formula would be $75.00 + monthly lease fee (100%) \ 12 months. You pay more, but not all at once.
Option 3 - Higher monthly fee and. O lease up fee at all. What would be a fee that makes sense?
Other ideas?
There are a lot of ways of doing this so I am very curious to learn what is working, what would be great if an it were an option and concerns with tradition structures.