For those that use a Property Manager

[Alex K.]

Just curious if anyone has seen property managers show flexibility on fees for newer better condition homes; 0-3 year old house vs 10-20 old property.  Theoretically it doesn't seem logical if they are managing a 1 year old house and a 12 year house charging the same fees....but just curious if anyone has come across this?

[Casey Powers]

Managing the rental is mostly the same work no matter what, with the exception being that it takes a lot more work to deal with crappy properties in crappy neighborhoods but owners of those properties never want to pay enough to make managing them worthwhile. For the typical decently maintained SFR it doesn't matter if the home is brand new or 20 years old - no significant difference in work and no rate difference. The typical "new build" renter is more high maintenance even if the property isn't. Haha