Residential property management means operating rental properties on behalf of owners, handling tenant placement, rent collection, maintenance coordination, compliance, and accounting, in exchange for a fee, typically 8 to 12 percent of monthly rent plus assorted leasing and service charges.
Log in to followSix small buildings, 34 doors, midsize southeast market, closed in October. The management agreement came with the buildings and I took it by assignment at closing instead of term…
I do HVAC and plumbing work for a management company that runs about 600 doors, mostly single family and small multi. They bill owners my invoice plus a 10 percent coordination ch…
I'm working through the licensing coursework and doing informational interviews with local management shops so I have some idea what the job actually is before I ask anyone to hir…
Pulled the numbers apart properly for the first time. 340 doors, average rent $1,455, we charge 9 percent on collected rent, so base management revenue per door per month is about…
I hold mostly land and the long game, and two small rental buildings came attached to a parcel purchase I made a few years back. That's 11 doors now, average rent $1,200, gross sc…