1836 Blog

One of the most frequently asked questions we get first time clients is what do you charge. Due to some…

One of the most frequently asked questions we get first time clients is what do you charge. Due to some local Austin advertising we're now getting asked whether we can manage properties for $99/month. The honest answer is we could but would you really want us to? See those guys charge you more up front in ten different ways then just try to get by. If you're unhappy they don't mind you leaving, they've already got your money. 46% of management companies in the U.S. charge 10% of the monthly rent to manage investment properties. Why a percentage and why 10? The percentage ties our success together. If you pay someone $5 for not working or $5 for working hard which do you think they'll choose? Ten isn't a hard rule by any means as every market place is different however labor is a property managers biggest expense. Cut labor, cut customer service. Your emails and calls don't get returned. Your property doesn't stay well maintained and goes down in value. Your tenants don't get the service they need or even basic services and thus don't renew costing you a lot more than a couple bucks. While we all know there are no free rides the job of advertisers is to sell us services and those cheap deals are easy to click on. Be sure you keep clicking and look into the fine print. Or better yet just go to our website for a pricing comparison and see how that flat fee will end up costing you more in the long run. Did we mention that we offer professional photography, custom floor plans and narrated video tours with each lease listing? Don't tell the competition that, they might get jealous. For a pricing comparison go to http://1836propertymanagement.com/pricing/