Is this fee reasonable for a property manager in Columbus?

[Gurjot Grewal]

Hello BP,

I have a PM I’m planning on working with. Im willing to pay more to work with this person as my experience so far has been very positive. I would really appreciate the opinions of local investors, as to the fees being charged. 

-75$/ unit flat fee 

-first months rent for a new lease 

-200$ lease renewal 

-any rehabs are cost plus 15% 

-one half of all late fees 

-60$ for each eviction delivered

-100$ pet fee goes to pm, any additional fees go to owner 

Is this all pretty typical for Columbus? 

Also I am thinking about requesting a term along the lines of, If the unit turns over within the first 9months of a new tenant, the new lease fee is to be waived. Is this fair ? 

[Trent Ecklar]

Seems like they have a fee for everything! The one that gets me the most is 15% on top of rehabs. Might be time to start my own property management team here in Columbus! 

Give Cheryl at Heart & Homes a call.