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Updated over 5 years ago,

Sean Tippens's profile image
Sean Tippens's profile image
Sean Tippens
  • Rental Property Investor
  • from Midland, TX
  • Member since Apr 18, 2019
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46
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17
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Sean Tippens's profile image
Sean Tippens's profile image
Sean Tippens
  • Rental Property Investor
  • from Midland, TX
  • Member since Apr 18, 2019
Connect
Sean Tippens
  • Rental Property Investor
  • Midland, TX
17
Votes |
46
Posts
General Landlording & Rental Properties

property management fees

Sean Tippens
  • Rental Property Investor
  • Midland, TX
Posted

We are looking at our first property management contract for hire to our first rent house. I have always known that we would be paying the 10%, but this management service also takes the first months rent from every new tenant as well as 50% of the first month for tenants who renew their lease. Is this customary? 

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