What is the difference between traditional property management and Flat-Fee property management? It’s pretty simple. Property Managers charge owners an average of 10% of the rental income every month and 75% of the first months leasing and renewal fee and we charge One Flat–Fee.
The average time spent on managing a rental property is at least 3.5 hours per month. With the Renters Place flat monthly fee of $89, isn’t your time worth more than $25 per hour?
* Lease savings are calculated based on having to re-lease the property every 12 months. The average is 18 months