Management Fee (by Lauy [CA]) Dec 10, 2018 6:20 AM
Management Fee (by Jim In O C [CA]) Dec 10, 2018 6:27 AM
Management Fee (by fred [CA]) Dec 10, 2018 7:12 AM
Management Fee (by Ray-N-Pa [PA]) Dec 11, 2018 5:10 PM
Management Fee (by Lauy [CA]) Posted on: Dec 10, 2018 6:20 AM Message:
We own a very well kept 7 unit apartment building in a highly desirable area in Pasadena, CA.
What is an appropriate management fee.?
Thank you for your input.
--99.0.xx.xxx |
Management Fee (by Jim In O C [CA]) Posted on: Dec 10, 2018 6:27 AM Message:
In shopping for a PM company I have found 4 to 7 % typical. Desirable low effort properties in the 4% range. High turn over class C lower rents 7+ %. --99.23.xxx.x |
Management Fee (by fred [CA]) Posted on: Dec 10, 2018 7:12 AM Message:
Some are even asking 10%.
Being a small bldg (under 15 units) may cause the fee to go higher than common.
Call around. --99.59.x.xxx |
Management Fee (by Ray-N-Pa [PA]) Posted on: Dec 11, 2018 5:10 PM Message:
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