Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 13 years ago, 08/15/2011

User Stats

186
Posts
14
Votes
Naga A.
  • Investor
  • Atlanta, GA
14
Votes |
186
Posts

20% premium of repair costs, $65 per hour for unlicensed repair work, really?

Naga A.
  • Investor
  • Atlanta, GA
Posted

My property manager charges me with 20% premium of any repair costs when they act as general contractor to sub contractors.

On top of that, I received a letter that they hired an inhouse handyman for unlicensed minor repair work. They charge $65 per hour for such work.

What do you all think? Seems to me these charges are excessive, and give pm an incentive to have as much repair work as possible (in fact, there have been numerous repair works on my property so far.)

The property is old (built in 1958) located in Atlanta.

Loading replies...