property management fee's

[Zac Boelkow]

So I recently ran numbers on a property that I thought had potential. I called a family member who manages rentals in my area (Pasco & Pinellas County). I asked what she charges. I assumed 10%. She told me yes, her company does charge 10%. However, they also take one months rent the first year and if the tenant stays for year 2-3-4-etc then they take one half of a months rent. I asked if this is typical and she said yes. Which makes management fee's cost closer to 15% + rather than 10%. Is this typical? Or is the company she works for over charging?