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Updated about 5 years ago on . Most recent reply

Brad Stein's profile image
Brad Stein's profile image
Brad Stein
  • Rental Property Investor
  • from St Petersburg, FL
  • Member since Jun 9, 2019
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Brad Stein's profile image
Brad Stein's profile image
Brad Stein
  • Rental Property Investor
  • from St Petersburg, FL
  • Member since Jun 9, 2019
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Brad Stein
  • Rental Property Investor
  • St Petersburg, FL
2
Votes |
12
Posts
New Member Introductions

New Investor - Estimating Property Mgmt Costs?

Brad Stein
  • Rental Property Investor
  • St Petersburg, FL
Posted

I'm a new investor in the Tampa Bay Area hoping to get some input on "rule of thumb" figures to use for property management costs when I'm analyzing a potential investment property. Thanks in advance.

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Damian Bialonczyk's profile image
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Damian Bialonczyk
  • Investor
  • from Marlborough, MA
  • Member since May 16, 2017
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Damian Bialonczyk's profile image
Damian Bialonczyk's profile image
Damian Bialonczyk
  • Investor
  • from Marlborough, MA
  • Member since May 16, 2017
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Damian Bialonczyk
  • Investor
  • Marlborough, MA
74
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150
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Damian Bialonczyk
  • Investor
  • Marlborough, MA
Replied

General rule of thumb would be to assume 10% of income will go towards property management, but this value may fluctuate depending on location, property-type, etc...

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