Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Managing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

190
Posts
224
Votes
Allen Tracy
  • Chatsworth, CA
224
Votes |
190
Posts

Property Manager Charges 10% markup for all service calls

Allen Tracy
  • Chatsworth, CA
Posted

My property manager charges 10% markup fee for all service calls.  So a $250 plumbing call turns into a $275 call.  Does that sound crazy or normal?  I already pay them a management fee, you'd think that would be included in that but maybe I'm wrong?  I pay 7% management fee or $55 a door whichever is higher so my lower income/rental properties are actually at around 10-11% management fee.  I would love to know your thoughts.

Most Popular Reply

User Stats

514
Posts
376
Votes
Tim Jacob
  • Real Estate Agent
  • Baltimore, MD
376
Votes |
514
Posts
Tim Jacob
  • Real Estate Agent
  • Baltimore, MD
Replied

It helps the property manager safeguard themself against an owner who did a bad brrr to save money then think they should have the property manager basically be a gc for the 20% of work done wrong.  A pm should not be spending days a month at your place for only 55 per month.  So 10% is a fair rate as it can act as a gc fee as well.

  • Tim Jacob
  • Loading replies...