Property Management fees in Cleveland

[Akshay Johar]

I have a few real estate investments throughout the country - in Seattle, Phoenix, Lexington, Atlanta. I recently got under contract for 2 duplexes in Cleveland. 

I use property management services (good ones) across the board in all the cities - and here are my rates that I get:

Arizona - 6%, Kentucky - 7%, Atlanta - 7% (all with very few hidden/surprise fees). 

but the property managers in Cleveland are still at the 10% rate for management fees (there was only one in Cleveland who was at 8%, but with that one - there were lot of fees that were extraneous compared to the other property managers).

Does anyone know/have recommendations of property managers in Cleveland who are more competitive/offer a competitive price? 

[Drew Sygit]

@Akshay Johar before your greed gets you into trouble with a bad PMC, have you compared the Classes of all these properties?

We charge more to manage lower class properties because it requires more of our resources to do so.