Management Fee

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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:

6% --72.23.xxx.xx

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