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Updated almost 5 years ago on . Most recent reply

User Stats

72
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32
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Luke Hadden
  • Rental Property Investor
32
Votes |
72
Posts

When do I ask for discount from the PM?

Luke Hadden
  • Rental Property Investor
Posted

So far, the PM I'm using has been doing a good job.

At what point should I ask my PM for a discount due to the number of my units they manage? Is it a unit count or an dollar amount they bill to me?

Thank you,

Luke

Most Popular Reply

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2,814
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Charles Carillo
  • Rental Property Investor
  • North Palm Beach, FL
1,916
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2,814
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Charles Carillo
  • Rental Property Investor
  • North Palm Beach, FL
Replied

@Luke Hadden

I like to setup the fee step down at the beginning of the relationship; when so many units are reached or a certain monthly revenue is reached. I would not ask for one if you have not added many units recently. It is usually easier when you are bringing on more units to negotiate at that point.

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