Are property management fees worth paying?
Tuesday, May 4th, 2010 at
4:27 am
I am relocating but don’t want to sell in this market. So I am planning to rent my single-family detached home. What are the options to rent? Should I do this myself or hire a company? Property management fees seem a little high. They charge anywhere from 10-12% of rentals + 1 month finder’s fee. Plus I will have to pay income tax on my rental income. Just need some help to help me think this through. Any help, suggestions would be appreciated. Thanks.
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Tagged with: company property • home • income tax • management fees • property management • rental income • single family
Filed under: property management
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