Beware most property management companies charge between 15-25% of gross revenue, which makes it harder to be profitable.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

This is my first time buying a home and let’s just say I learned a lot about these fees.

Whats making you think rates wont go down after a couple years given the new administration in charge?

i add a 15% commission (fee) to the booking and let guest pay the fee.

You can't charge extra pet rent or even a pet deposit because it's legally not considered a pet.

I am considering doing this but should I charge a fee to write up and get the lease addendum signed?

-Management is low - you'll need at least 10% plus leasing costs - typically a month's rent for each lease-up, and sometimes a renewal fee as well-Insurance seems low-Are taxes accurate? 

However, if that effort fails, the local agent is equally liable – criminally and civilly – for any fees, fines, etc. associated with the property."