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PM fees 3.3% in Western Sydney?
Exactly Each week is 2% so beware of hidden costs They add up.- Xenia IM
- Post #38
- Forum: Property Management
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PM fees 3.3% in Western Sydney?
This may be old info now but may be worth considering anyway. In 2009 my company did some market research looking at management fees charged to investors across SA. We looked at heaps of rent statements to calculate the total amount of money paid out to agents. We found that on average...- Xenia IM
- Post #36
- Forum: Property Management
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PM fees 3.3% in Western Sydney?
RR - do the 3.3% agents charge a lease renewal fee? What other fees are there on their contract?- Xenia IM
- Post #30
- Forum: Property Management
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PM fees 3.3% in Western Sydney?
3.3 sounds attractive from a consumer view point. I want to offer a perspective from a business owner view point. at say 8% (forget gst for now as that is not relevant for the point I'm trying to make) - the average income for a $400 per week property is $32/week. If you have 100 properties...- Xenia IM
- Post #9
- Forum: Property Management