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re: Being a Landlord

Posted on 8/2/22 at 3:18 pm to
Posted by meansonny
ATL
Member since Sep 2012
26000 posts
Posted on 8/2/22 at 3:18 pm to
quote:

quote:
Get a property management team and not have to worry about the hassle.



not for 1 prop. They would eat all the cash flow


What does a property management company grab on one property?
Posted by MrJimBeam
Member since Apr 2009
12695 posts
Posted on 8/2/22 at 3:24 pm to
quote:

What does a property management company grab on one property?



Around 8-10% month gross rent, and anywhere from 50-100% (usually on the higher end) of first month's rent from those I know that deal with it. Can get very pricy if you have a decent turnover rate.
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