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Author Topic: What is an acceptable management fee?  (Read 1543 times)

Offline HiFlyer

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What is an acceptable management fee?
« on: October 09, 2005, 11:03:06 pm »
I am looking for property management services in Louisiana and the agents I have spoken with are asking for 10% of rent for monthly maintenance plus an additional 50% of the first month's rent for getting me a new tenant and doing the background checks. Do these numbers seem normal?

Offline housebroken

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Re:What is an acceptable management fee?
« Reply #1 on: October 10, 2005, 08:27:01 am »
HiFlyer,

They are right on target.  Some companies are taking 100% of first month.  Just to be safe, I'd ask for references.

-H

 




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