Property Management Co. getting started with a new client

[Dominique Nugent]

I'm currently looking to start a Property Management company. I have multiple people that own multiple units that need a company to manage their properties. As I work everything out there are still some questions that I prefer not to get from Google.

Is there an initial fee management companies charge new clients with preexisting properties besides the monthly percentage to manage them when starting new business? How do they typically charge and when do they bill the client for things that need to get fixed on the property? What monthly percentage does the management company typically collect from the monthly rent?

I understand that each company is different and handles things differently. I'm just curious to see what you all pay, charge, or have observed.

Feel free to add any advice or anything that will help with your responses.

Thank you for you time, I appreciate it.