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Updated about 7 years ago on . Most recent reply

User Stats

17
Posts
7
Votes
Jason Edwards
  • Real Estate Agent
  • Bangor, ME
7
Votes |
17
Posts

Property Management Fees

Jason Edwards
  • Real Estate Agent
  • Bangor, ME
Posted

What are the typical costs to have a property manager assume existing tenants? Since there is no tenant placement, what fee is normal to have them takeover? 

  • Jason Edwards
  • Most Popular Reply

    User Stats

    1,272
    Posts
    930
    Votes
    Ray Harrell
    • Investor
    • Chicago, IL
    930
    Votes |
    1,272
    Posts
    Ray Harrell
    • Investor
    • Chicago, IL
    Replied

    @Jason D., it's not collected rent, it's billed rent, because they will take their 10% whether they collect rent or not.

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