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%. Next, leasing fees are extremely common. Management companies will typically charge a fee for advertising a unit, collecting applications, screening tenants, and signing leases. of one months rent. The important nugget in these benchmarks?
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