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How Much Does Property Management Cost?

Property Management Inc.

You need to cater to your tenants' whims, keep your property in great shape all year round, and manage awkward rent collections on your own. Sometimes, it might seem like the money you make from rental income isn't worth all the effort. 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

Managing a multifamily property comes with several costs, and failing to budget for them can quickly eat into your profits. On average, property management fees range from 4% to 12% of the monthly rental income, with additional costs for leasing, maintenance, and technology.