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How Much Does Property Management Cost?

Property Management Inc.

Sometimes, it might seem like the money you make from rental income isn't worth all the effort. Hiring a property manager helps alleviate the stress and effort involved in managing your rental property, but how much does property management cost? Pay attention to your contract if you agree to this fee structure.

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Multifamily property management fees: What to expect and how to budget

MRI Software

On average, property management fees range from 4% to 12% of the monthly rental income, with additional costs for leasing, maintenance, and technology. Breaking down multifamily property management costs Multifamily property management costs fall into three main categories: fixed fees, percentage-based fees, and variable costs.