rogerp replied to the topic QLD Property Management/Letting Fees in the forum Help Needed! 13 years, 6 months ago
Wow! There are some fees there!I believe that ongoing Property Management Fees should be flat and not a percentage(%) at all. It does not take more time for a property manager to manage a property when rents increase so they percentage(%) fees do not make sense.Although we do not yet manage in QLD we charge $99/month flat fee as a comparison. One…[Read more]
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rogerp replied to the topic Going on a holiday – need some books to read!!! in the forum Help Needed! 13 years, 6 months ago
I have found that books by Peter Spann are also great.Roger PerrettManage My Apartment – Property Manager
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rogerp replied to the topic property management fees in the forum Help Needed! 13 years, 7 months ago
A flat fee independent of rent increases (lower than that of a house if you own an apartment) makes sense to me.
I believe that a percentage fee structure incorrectly assumes that it takes more time to manage an apartment with a higher rent so the costs are higher. It takes the same amount of time to manage both a $400/week and a $800/week…[Read more]
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