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Do You Know What Percentage Your Property Manager Takes? Let’s Find Out!

Do You Know What Percentage Your Property Manager Takes? Let’s Find Out! Most property managers will take some percentage of your monthly rent as payment for their services. How much that percentage is, however, can vary greatly depending on the type of home you're renting out and the home renovation you've undertaken to make it a turnkey investment for tenants. Generally speaking, most property managers will take between 5-10% of the total rent collected each month. While this may seem like a lot of money upfront, it's important to also factor in all the work they do in finding suitable tenants and handling other tenant related issues that arise. Furthermore, a good reliable property manager is worth every penny!

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