We've seen 3% for 100+ unit apartment complexes, but they also have onsite staff not included in the 3% management fee.Two other pricing options to properly understand:1) Fee charged based upon tenant payments or just occupancy.

I would make sure financially you have a good base and then connect with a local agent

Hey everyone,I’m Luke, a new investor based in St.

@Eric L ConryI would base it on your cash flow NEEDS, not wants.

Based on what you shared you are not financially qualified to own real estate.

I'm not trying to time the market. ..just interested in people's opinions for me it was based on my experince I started in RE in 1975 and the 10 year cycle seemed to hold true right up to the GFC at least on the left coast..

I'm still figuring out how this site works, but I'll be in touch if I hit a wall!

I suspect there could be some truth behind Melanies claims based on that thread..

They should be bale to guide you more based on what you are looking for in the area. 

Additionally, I created MEC (Material Estimator Calculator), a unique residential renovation software that automatically calculates a bill of materials (BOM) based on the property’s condition.Overall, I’m thrilled to escape the Seattle rain and connect with fellow investors here in Arizona.