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Updated about 6 years ago on . Most recent reply

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Tavish Flynn
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How much should a property manager be paid?

Tavish Flynn
Posted

I am wanting to know how everyone decides how much to pay there property managers;is it a percentage based on the number of units? Also, what is the average percentage everyone pays management companies? Just needing more information on the pay of managment companies or single property managers.

Thanks!

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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
7,859
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
Replied

@Tavish Flynn. This is almost entirely market dependent. Overall I like 8 percent and 1 month rent on lease up or less.

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