Browse Forums Real Estate 1 Oct 06, 2010 3:00 am I'm trying make my switch into Property Management but wonder what are the fees that can be earned in Property Management? Re: Property Management Fees 2Oct 06, 2010 9:14 am Not sure whether you are spamming or not but from my experience we only paid our property management a small % at the end of each month which covered all the aspects of their job ie rent collection, scheduled inspections, acting as liaison between tenant and ourself etc. Some things are worth waiting for. Re: Property Management Fees 3Oct 06, 2010 1:06 pm When I had a rental property, it was just under 10% ( 9.5 from memory) of the rent received plus GST. Plus every time there was a change of tenant they take one weeks rent as letting fee. Things like council rates etc we had sent to us and paid ourselves - but they can do that for you too, at a fee. All fees etc are tax deductible, of course. Thank you so much everyone. This all makes a lot of sense. I guess when you talk to a builder who butters up everything to look very polished, you get to start believing… 7 17507 Is it just a report written to give to the bank initially and it is based on what and how your payments are made up for, or is it a full service where they go out and… 2 5592 0 17367 |