Property Management Profitability: FAQs on Profit Margin
Second Nature
DECEMBER 16, 2024
In 2021, the average profitability was 11%, and the top performers were 32%. Management companies will typically charge a fee for advertising a unit, collecting applications, screening tenants, and signing leases. The important nugget in these benchmarks? Seeing whats possible. Next, leasing fees are extremely common.
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