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Sharon agree that most PMs are probably paid less than what I allowed for. Just used that figure to see if it was viable to pay them a reasonable wage. Would also agree that being a successful PM means matured systems in place.......the right software would help tremendously in that respect.

Yeah Lizzie, you might be right about the phone.....but....I was working on around 1 call out every 10-15 minutes every opening hour of every week, for one staff member. When you consider that incoming calls about rental enquires are probably double to triple that rate, then I query whether I've...

Can anyone with insight into a PM business or dept check these assumptions about how profitable such an operation is. I have assumed the operation is a dept within a REA office. Gross Income No. of rentals on the rent roll 120 average rent / week $250 week/yr 50 tenant turnover 1/yr Mgt Fee...