Still 7-12% Mgmt Fee for $600 Rent?

[Aaron Moayed]

If a rental property has $600-700 in rent coming in, is it standard for property management companies/people to take 10% of that ($60-70) or is it common for them to have like a $100 minimum? Just getting a feel for standard practice here to determine CFs.

[Jay Hinrichs]

depends on the company .. but if I owned it I would have a 100 dollar minimum