Managing Your Property
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 7 months ago,
Property Management Fees
I am wanting to enter the REI world but will not have time or skills to self manage. Looking for a property manager and think I have found one but wanted to make sure his fees are in line with the norm:
9% of all rent collected.
$100 placement fee when securing a new tenant.
10% markup on all vendor contracted maintenance and repairs
Does these numbers sound like they are in the ballpark for Midwest/Indiana?