Management fees vary by property managers. The more qualified charge more the less qualified charge less. They have to because they have nothing else to offer. Some charge a flat fee, some charge a percentage. In my opinion I believe the flat fee is the fairest, because the percentage charges higher price properties more and lower price less. The lower price properties generally require more work and attract lower class tenant. Not all lower class tenants are problems, but we do experience more management labor with this class. So in effect the higher price rental is subsidizing the lower priced rental.

I believe some property managers charge a higher percent for lower rentals than the higher rentals, which help level the playing field. else

1  Lambert Munz  MPM, RMP

Buyer consultant and property manager

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