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Updated over 8 years ago,

User Stats

67
Posts
1
Votes
Kay Ferdous
  • East Rockaway, NY
1
Votes |
67
Posts

5% or 10% for management fees

Kay Ferdous
  • East Rockaway, NY
Posted
Newbie question but when analyzing 5 to 15 unit property do you guys generally take 10% management fees? I'm noticing a lot of brokers are insisting it should be 5%. Properties I'm look at are in ny tristate area. Suppose I can call some local property manager but I don't want the bottom of the barrel either.

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