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Is there regulation on how the property manager gets paid? I’m getting my 10% either way, if it comes from you directly in a lump payment, great! If it comes fr
by wizerdrobe 3y ago
Is there regulation on how the property manager gets paid? I’m getting my 10% either way, if it comes from you directly in a lump payment, great! If it comes from you over the course of 12 months in marked up rent, still great! I sit around and occasionally call a plumber collecting 10%!
I’ve had a small-peanuts side-gig as a property manager for my in-laws LLC, and that’s the standard practice in the US. If they eliminate brokers they’ll just rebrand as a property manager and get paid differently.