Property Management Property Management
At ARG Realty and Property Management, we are your one-stop shop for all property management related needs. From tenant screening services to building investment portfolios, we've got your back. We're even offering a free month of property management services when someone you refer signs up with us!
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!
Many factors determine how much you'll be paying for property management fees. It can be challenging to determine precisely what percentage most property managers take. Still, with some research and understanding of the process, you can better understand what to expect when hiring a professional. In this blog post, we'll discuss all aspects of property management fees in Georgia and provide insight into how much companies typically charge.
Typically, property managers charge between 5-10% of gross monthly rent depending on the size and complexity of the unit you're renting out and the services they provide. Some companies may be cheaper, while some might charge more depending on their experience and what they offer as part of their service package. Understanding what professionals provide and whether it's worth the cost is essential.
Property management fees vary depending on where you live. In general, rental managers in Georgia often charge between 8-10% of gross monthly rental income plus a flat fee for additional services like marketing, tenant screening, and maintenance.
The average fee across the U.S. tends to range from 5-12% but can be as high as 15%. It's important to remember that this figure doesn't include additional services that companies may offer, such as marketing, tenant screening, or maintenance services. When considering hiring a property management company, you'll need to factor these into your overall costs.
Managers will typically calculate their fees as a percentage of the gross rental income for that property. This includes all rents collected, not just the net amount after expenses are taken out. For example, if you rent an apartment for $1,000 per month and the property manager charges 8%, they would collect $80 in fees each month.
Property managers in Atlanta tend to charge between 8-10% of gross monthly rental income plus a flat fee for additional services like marketing, tenant screening, and maintenance. Depending on location, property size, complexity, and the services property managers offer, the cost can vary.
Property management fees can vary depending on where you live and the property size/complexity. In Georgia, property managers typically charge 5-10% of gross monthly rental income plus a flat fee for additional services. It's essential to research and ensure that you understand what property managers are charging in your area before signing an agreement. With some understanding of the process, you can better understand what to expect regarding property management fees.
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691 John Wesley Dobbs Ave NE Unit C
Atlanta, GA 30312
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