How Our $150 Maximum Fixed Management Fee Saves You Money
How our $150 Maximum Fixed Management Fee Saves You Money
Seven Reasons to Run From a Property Manager
Interview Questions to Ask a Rental Home Property Manager
Assume Monthly Rent | Monthly Management Fee @ 5% | Monthly Management Fee @ 6% | Our Monthly Management Fee | Calculate Your Monthly Management Savings |
$3,000 | $150 | $180 | $150 | $ |
$3,500 | $175 | $210 | $150 | $ |
$4,000 | $200 | $240 | $150 | $ |
$4,500 | $225 | $270 | $150 | $ |
$5,000 | $250 | $300 | $150 | $ |
Some management companies charge a combined fee of 10% which includes management and leasing. This is in contrast to charging a lesser management fee and a separate leasing fee which averages 5% of one year’s rent.
Given that most tenants tend to stay for 3 to 4 years, paying a combined 10% is very costly. For Example:
Assume Monthly Rent | 10% Equals | $150 Flat Fee | Leasing Commission of 5% Amortized over 2 years | You Save |
$3,500 | $350/Month | $150/Month | $87.50/Month | $137.50/Month |
$4,000 | $400/Month | $150/Month | $100/Month | $150/Month |
If your rent is over $4,000 per month, you save more. If your tenant stays over 2 years, you save more.
Do the math. Don’t Overpay.
Affordable Living Trusts
Avoid Probate Costs and Delays
Anyone who owns a home should transfer it into a living trust.
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