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Updated 2 months ago on . Most recent reply

User Stats

18
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6
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Gene Paniccia
  • Realtor
  • St. Petersburg, FL
6
Votes |
18
Posts

Are these PM fees normal?

Gene Paniccia
  • Realtor
  • St. Petersburg, FL
Posted

I hired a PM who agreed to manage my property for 8% of the rent. The house has needed some work done which the PM handled. I disputed a charge on my last statement (believing I've been doubled charged for some work). As I'm looking over their explanation I notice that I am being charged 8% of the rent received from CMHA. 8% from the rent the tenant pays and another 8% of the water bill which the tenant pays. 

Is this normal? 

  • Gene Paniccia

Most Popular Reply

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17,477
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30,163
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,163
Votes |
17,477
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Read your contract.  The only thing that sounds out of the ordinary here is the water bill

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District Invest Group
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