Single-family homes: 6% for newer construction or properties located in close proximity to our office. 7-8% for older construction before 1990 and properties that have a lot of regular maintenance, upkeep or repairs.
Town-homes and condos: Generally, we charge 8% for these properties since there are often restrictions imposed by the property’s HOA that limit or cause additional time and coordination by the property manager and maintenance crew.
Properties with 2-4 units: 5% for newer construction. 6% for pre-1990 construction is more or less how we gauge it. Older buildings have more issues with tenants, leasing and maintenance than do newer properties.
Apartment Buildings with 5 or more units: 4% for buildings in moderate to excellent condition. 5% for older properties that need renovating, up keep or have a high tenant turnover.