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#466247 - 06/09/13 12:46 PM Property Management Fees
Philus Offline
What are the rates for property management in San Pedro?

#466257 - 06/09/13 07:43 PM Re: Property Management Fees [Re: Philus]
SnoopysMom Offline
I have seen anywhere from 10-15% for long term residential rentals, but others may charge a more, especially for vacation rentals. Pretty comparable to the US...

These companies perform a valuable service for homeowners, so it is worth the price if you find a good company to work with!

#466300 - 06/10/13 01:32 PM Re: Property Management Fees [Re: Philus]
Inplub Offline
I have heard in the past up to 40%, just hear say no facts.

#466309 - 06/10/13 02:24 PM Re: Property Management Fees [Re: Philus]
Diane Campbell Offline
Check the details - it's very different for homes than for condo complexes.
Houses - the owner pays for all the housekeeping, supplies etc.
Condos - the management may pay for the supplies, staff etc.
So - check, and then evaluate the services.
Main thing is your bottom line - ask to see contracts and get estimates for costs that fall on your side of the ledger.

#466611 - 06/14/13 05:02 PM Re: Property Management Fees [Re: Diane Campbell]
Philus Offline
Thanks to all for your input.

My information indicates that a Fee of ~10 % seems fairly standard.

What is included and how are the extras charged?

Such as:
Calling and meeting repair persons.
Arranging for appliance repair or replacement?
Dealing with tenant problems?


#466967 - 06/20/13 06:15 PM Re: Property Management Fees [Re: Philus]
jamesp Offline
Calling and meeting repair persons.--- 10% from total repair fee
Arranging for appliance repair or replacement? ----also including above fee
Dealing with tenant problems? ----including 10% of monthly rental

Edited by jamesp (06/20/13 06:16 PM)

#470182 - 08/14/13 02:48 PM Re: Property Management Fees [Re: Philus]
yu_ma_mike Offline
..... the quality of services provided by property managers can be as different as night and day .... maybe ask around for some references

#470196 - 08/14/13 06:00 PM Re: Property Management Fees [Re: Philus]
ScubaLdy Offline
AND the owners can be as different as night and day too!
Some are easy to please others are impossible to please.
Take only pictures leave only bubbles

#470225 - 08/15/13 06:52 AM Re: Property Management Fees [Re: ScubaLdy]
yu_ma_mike Offline
The owners are the other 1/2 of the equation. That is true.

#470308 - 08/16/13 05:04 AM Re: Property Management Fees [Re: Philus]
Wicked Offline
Be careful who you use for property management. Contact the BTB and find a reputable company.


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