Property manager upcharges?

[Thuy Pham-Satrappe]

I'm going over the PM agreement with a new property manager and there are a few things raising a red flag to me that I'm wondering if they are standard (or becoming the standard):

-an additional 10% (on top of the 10% monthly) for each time they authorize a repair or maintenance. Seems redundant to me- isn't that a large part of what we are paying that 10% in the first place?

-$25 charge for quarterly property inspections. Interesting thank you for the insight. I have mixed feelings about for the same reason. While it seems redundant and feels like it's part of their job anyway, it helps to ensure it actually gets done.

- keeping late fees. Seems to encourage putting in tenants who would be more likely to pay late/ discourage following up to make sure they pay on time.

[Michael Ablan]

@Thuy Pham-Satrappe -  Sounds like a company that stays in business by nickel and diming their customers.  I wouldn't be surprised to hear they grossly overcharge for repairs as well.  I'd keep interviewing