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Updated 2 months ago on . Most recent reply

Kris Lou's profile image
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Kris Lou
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Kris Lou
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Kris Lou
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Managing Your Property

PM Fees in OH

Kris Lou
Posted

Hi,

Curious what PM fees are for an out of state investor on 1 duplex?

Thanks.

Cleveland, Ohio
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Evan Hopple
  • Real Estate Agent
  • from Columbus OH
  • Member since Aug 24, 2023
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Evan Hopple
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  • from Columbus OH
  • Member since Aug 24, 2023
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Evan Hopple
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  • Columbus OH
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Evan Hopple
  • Real Estate Agent
  • Columbus OH
Replied
Quote from @Kris Lou:

Hi,

Curious what PM fees are for an out of state investor on 1 duplex?

Thanks.

PM fees in Ohio typically range between 8–10% of gross income. Some companies also charge a leasing fee (around half to one month’s rent) for placing new tenants. Let me know if you need recommendations!

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Reafco Real Estate

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