How much does it cost to hire a property manager?

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asked Jun 10 in Employment & Careers by Gellouio (400 points)
How much does it cost to hire a property manager?

1 Answer

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answered Jun 11 by Larry S (19,030 points)
You typically pay a property manager 8 to 10 percent of the monthly rent value of the property they're managing.

So if you're renting a home for $250.00 per month then the property manager would be paid $25.00 of that $250.00 monthly rent payment.

Some property management companies charge a flat $100.00 per month fee for each property they're managing for you.

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