by UrbanNexus Real Estate Limited Updated 1 year ago
As a baseline, expect to pay a typical residential property management firm between 8 – 12% of the monthly rental value of the property, plus expenses. Some companies may charge, say, $100 per month flat rate. How hard is it to manage your own property? This job is often very demanding. Unless you are a retiree or unemployed with lots of time to spare, you may find it difficult to properly manage your investment property. There are so many tasks that will require your attention. ... In other words, you'll do a poor job of managing your rentals.