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how much does it cost to hire a property manager

1Answers
HannahLynn
11/28/2025, 06:17:23 AM

Hiring a property manager typically costs between 8% and 12% of the monthly rent, though some may charge a flat fee or a percentage based on services. Additional fees are common for services like tenant placement (often one month's rent), lease renewals, and handling evictions. Many companies also require a reserve fund for unexpected repairs and may charge a separate fee for large projects.

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