Cost for finding a renter

[Tim Mulholland]

Manager is new, but competent and do a good job. He's never managed before. Was my realtor in the deal. I have some properties through various channels but not a huge amount. Going to be closing on a SFH in a new area that he is going to manage. We are talking about what a fair price for filling the unit.

In a totally different location, my brothers and I have units filled by an amazing property manager for cheap because we bought units using him as realtor. his management isn't cheap—just him getting good tenants is cheap—like $200-400 per unit. Another different area, my wife and I use a bigger management company thats alot more expensive for our SFH. I've heard some areas are as high as 1st months rent and thats what the new guy mentioned. Honestly, we both want to be fair. Any suggestions?