Starting to invest in new market at Midwest. I’m starting to invest small in a class C duplex with a low gross income of ~$2000/month.

    Don’t have the bandwidth to manage. Found a manager willing to take 10% per month. Plus 1 month rent per new contract. And $100-300 per renew lease. In addition mark-up on any maintenance request or $100 per maintenance event.

    There are other add-on fees like eviction and late handling.

    Not trying to go cheap but feels like it’s too much, especially the maintenance mark-up and add ons on top of 10% fees.

    How to tell what good value for the service?

    What is a good percentage for managing services
    byu/Gladiolur inRealEstate



    Posted by Gladiolur

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