So you own multiple rental properties and after spending years managing those properties yourself you’re starting to think about Stockton property management.
In this article we will break down the costs of Stockton property management so you will be more aware of those costs once you start working with a property management company.
Property Management Fee
When searching for a Stockton property management company one common thing you will see is that each property management company charges a fee to manage their client’s rental properties.
The average property management fee can range from 4% to 12% of the monthly rent so it’s best to be prepared for this because, in the end the fees that you pay will affect your monthly cash flow but the time that’s freed up from hiring a property management company will be worth it because, hiring a property manager will save you the time, money and hassle of managing a rental property yourself.
What Other Fees Can You Expect?
Although most Stockton property management companies don’t charge extra fees, some do, and depending on the company you choose the fees you can expect to pay include:
- Set Up Fee – This fee is typically about $300.
- Leasing Fee – Most companies charge between 25% and 50% of the first month’s rent.
Before hiring a property management company in Stockton CA makes sure that you clarify with them what the property management fees are and you should also verify with the company what the fees are in their contract just so there’s no confusion about when the fees are expected to be paid.
Get Stockton Property Management
For affordable Stockton property management contact Real Property Management – Central Valley by calling us at (209) 572-2222 or click here to connect with us online.