Many rental property owners are unsure of what professional property management costs in Sacramento. Today, we are talking about what you can expect to see in regards to fees when you pay a property manager to take care of your investment.
Costs Depend on Your Property
In many cases, the amount of your property management fee will depend on what you have to manage. There are different fee structures for a single family house, a duplex, a small apartment building, or a large apartment building. All of those types of properties make a difference in your costs.
Flat Rate Fees
Basically, a property manager can charge you either a percentage of the monthly rent your property brings in, or a flat monthly fee. That flat rate fee might be $80, $90, or $100 per month to manage a house, and then the price goes up depending on the size of the rental. The price can also depend on the area of town where your rental property is located. The fees will also depend on the types of services you want from your property manager.
Communicating with Your Property Manager
You may not know exactly what kinds of services you need, and that can be determined by having a good conversation with your property manager. Find out what kinds of services they offer, and whether all of them are included in the property management fee, or if you’ll need to pay extra for premium services. With that communication, you can decide if the property manager you are talking to can give you what you’re looking for. The more you talk to property managers, the better you’ll get at determining a reasonable fee based on what they will do for you.
If you have any questions or you’d like to talk specifically about your property, please contact us at Alpha Property Management. We can tell you more about the cost of property management in Sacramento.