4% + GST Management Fee

How about doing your maths, and then looking at it from your PM's point of view.
Assuming all the IPs rent for the same amount ie 10k per yr (to make it easy)

5% of 40k = 2k
4% of 50k = 2k

So basically you are asking them to do all the extra work on the next one for zip.

PS I pay 10% in a large regional town and just this week the PM rang and asked if I could fax thru the receipt for a fridge that broke down (we supplied it 6mths ago ) She will arrange for the replacement and install at no cost. She even gets chocolates when we meet - great service.

Pay more - get more

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