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What Will a Property Manager Charge You For?

A property management company will help landlords manage their rental property for a price. Property management fees will vary based on a variety of factors, such as property type and services provided. Here is a breakdown of the fees a property manager may charge.

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5 Responsibilities of a Property Manager

Property managers are hired to handle the operations, maintenance, and administration of property rentals for an owner. Their work, among many other tasks, includes marketing rentals and finding renters, ensuring rental rates are competitive while covering taxes and overhead, collecting rent, and complying with rental laws.

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Renting From a Landlord vs Property Manager

Rental properties are usually managed by either the landlord directly or by a third party property manager. There are positives and negatives to each approach. Learning the key differences can help both landlords and tenants. A landlord can determine if hiring a property manager is the right move, while a tenant can decide if they want to live in a rental that is managed by a landlord or by an outside property manager.

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