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How much do property management companies charge?
Tags: charge, companies, Management, property
It varies by company. Generally they charge 8%-12% of the gross monthly rent collected. So if your rental rate was $1000.00 the fee would range between $80.00-$120.00 per month. Most reliable property management companies will only charge you once the rent is collected. Some however, will charge you whether the property is vacant or rented. Personally, I think a fee should only be paid when earned.
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