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 followBeen looking at property management as the thing I actually do rather than buying anything, and I've gotten three different answers about licensing. One person told me you need a…
Got two management proposals on a small portfolio and I can't make them line up. First one: 8 percent of collected rent, $0 setup, one full month for a new tenant placement, $200…
Trying to understand these companies as businesses and I keep running into the software question without a straight number attached. Everything points at AppFolio or Buildium, and…
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…
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…