Beyond Door Count: Unlocking the Key to Sustainable Property Management Success
NARPM Radio
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How to Break Out Your Management Fees
You have it all broken out. Tenant early termination fees, 5.2%. Master landlord insurance, 4.1%. Renewal fees, 2.5. Application fees, 1.6. Late fees,. Admin fees, owner admin fees, 0.8%. You can actually break out out of your 4,300 per year and you would know the percentage of owner fees and the percentage of resident fees because you have everything broken out. Just have to come up. Right? So like the management fees, you know, we're 35.8% of that. Whereas most companies are typically 50% or more.
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