Management Fees

In Property Terms by Ryan Tucker0 Comments

Typically, investors will allow a professional property management company manage their investment homes.  That is especially true if the investor lives out of state or out of the country.  These fees can come in the form of a flat fee charged monthly or a percentage of the monthly rent.  Other fees might be outlined in your management agreement as well such as leasing fees, inspection fees, and supervisory fees for overseeing repairs/renovations.  All of these are typical, just be sure to review these fees when signing property management contracts. The fee that you see on our performance sheets are monthly fees (percentage of rent) that is charged monthly.

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