What is a property management area?

Answer 7% of rental rate

Top Q&A For: What is a property management area

What is the average fee that a condominium property management firm charges in the Chicago IL area?

You could calculate an average of these fees after compiling data from among a set of competitors that might not be willing to share these details with you. Here's why: each individual fee depends... Read More »

What is the difference between Asset management Facilities management property management and maintenance management?

Here is a sample list of the types of fees. Your property manager may include these and more: per pageper scanper envelopeper stampper paymentper checkper bank transactionper hourper accountper scr... Read More »

If a property management company doesn't have a renter for a property who is responsible for the mortgage payment The property management company or the landlord?

That is correct. The landlord is responsible for the mortgage payment as the investment property is ultimately his (name on the deed). And I also agree with the advice given below. A competent and ... Read More »

How long can a property management company hold the owner's reserve funds once the property management agreement has been terminated?

This time period may or may not have been defined in your contract. Call other property managers in the same industry in your locale, and ask the question about the time period.Then, send a letter ... Read More »