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Updated over 4 years ago,

User Stats

33
Posts
35
Votes
Edward Brewington
  • Rental Property Investor
  • Torrance, CA
35
Votes |
33
Posts

Property Management Renewal of Lease Fee

Edward Brewington
  • Rental Property Investor
  • Torrance, CA
Posted

The property management company I work with in Michigan wants to charge me $250 for a renewal of a lease. I have two other PMs in another State and they don't even charge me for this. Is this common? It's just resigning a tenant already in there. What am I missing? 

Likewise, what would you define as penny pinching by a property manager? What do you expect in terms of fees?

I appreciate all responses.

FYI.... I live abroad so I cannot manage it on my own. 

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