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When you start with the 'extra fees' is the owner ahead? Monthly petties - $7.50-$10 Quarterly/6 monthly inspections $100+ Annual Statement - $50 Lease preparation $25-$50 Letting fee 1-2 weeks Advertising $$ These can quite easily outstrip the cost of a normal agency charge out

Small income rentals need a higher % in management fees - why? If the agent only gets $7.50 per week ($375 pa) from russelpeter's example above, how much effort is the agent going to put into the management? One phone call blows that income.