The biggest question you will be faced with when hiring a property management company is how much they charge. Some companies charge a flat percentage of collected rent, while others charge a one-time fee that includes recruiting and screening tenants. If you have more than one rental property, you should consider a management service with a minimum fee of $50 to $100 per month. Some companies even retain a maintenance crew to make repairs on your property. You should discuss these fees with your property manager before signing any contract. A good property management contract will specify how the fees are paid. Some companies charge a percentage of the amount of rent collected, while others may charge a flat fee for every inspection. The contract will also specify the payment method f...
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