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Updated almost 2 years ago on . Most recent reply

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Patrick Britton
  • Ann Arbor, MI
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1,509
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here's a way to think about property management fees

Patrick Britton
  • Ann Arbor, MI
Posted

My "net" income for one of my rentals was $330 before PITI, PM fees ate $140 of that.

NET was reduced by 43%.  Consider that the next time you think someone else can manage better than you.  

Most Popular Reply

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Eliott Elias
  • Investor
  • Austin, TX
5,552
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Eliott Elias
  • Investor
  • Austin, TX
Replied

This is how cheap investors who never scale think about property management. If that $140 saved me even an hour of my time towards managing the property it is worth it. 

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