Property Managers retaining $$$

[Benjamin Cedillos]

Hey guys,

Question on property managers. This may have been answered in a thread and I missed it but...does your PM retain a certain amount for repairs ? For example, our PM (Remax Haven), keeps a minimum contribution of $500 to cover any repairs. Wondering if there's other PM's that either don't retain an amount or retains a lesser amount ? We have been with them for a year now and may be transitioning so I'd be appreciative of any PM you all can vouch for.

Thanks in advance for the support