Amateur Landlord: The Benefits and Costs of a
Property Management Company
A property management company can take a lot of the hassle out
of renting out an apartment.
“Doing all your own management work can be very time
consuming. Some people have the time and resources to
do the accounti...
For amateur
landlords that decide
to go with a
management
company, it can be a
huge load off.
During the course of the lease term, the
company will also coordinate maintenance
and repair work, and most will document
...
In return for these services,
management companies in
the District typically charge
fees of between three and ten
percent ...
Rent For The Leasing.
DC one-bedroom at $1,495/mo. — Annual prop. management
cost = $2,930.
DC two-bedroom at $2,400/mo. —...
The calculations above show
that a property owner would
have to part with approximately
two monthly rental payments a
year...
Pick Up Your Right Property Management Company
At Rentalchoice For Free
Pick Up Your Right Property Management Company
At Rentalchoice For Free
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Amateur landlord: the benefits and costs of a property management company

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The Property Management Company provides quality property and facilities management services for both residential and corporate property owners.

Published in: Real Estate, Business, Technology
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Amateur landlord: the benefits and costs of a property management company

  1. 1. Amateur Landlord: The Benefits and Costs of a Property Management Company
  2. 2. A property management company can take a lot of the hassle out of renting out an apartment.
  3. 3. “Doing all your own management work can be very time consuming. Some people have the time and resources to do the accounting and the repairs that are necessary over the term of the lease. But a lot of people don’t.”
  4. 4. For amateur landlords that decide to go with a management company, it can be a huge load off.
  5. 5. During the course of the lease term, the company will also coordinate maintenance and repair work, and most will document monthly cash flow statements and provide 24-hour emergency service.
  6. 6. In return for these services, management companies in the District typically charge fees of between three and ten percent of each monthly rental payment.
  7. 7. Rent For The Leasing. DC one-bedroom at $1,495/mo. — Annual prop. management cost = $2,930. DC two-bedroom at $2,400/mo. — Annual prop. management cost = $4,704. DC three-bedroom at $3,300/mo. — Annual prop. management cost = $6,468.
  8. 8. The calculations above show that a property owner would have to part with approximately two monthly rental payments a year to have a property management company take care of everything.
  9. 9. Pick Up Your Right Property Management Company At Rentalchoice For Free
  10. 10. Pick Up Your Right Property Management Company At Rentalchoice For Free

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