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The Federal Trade Commission and the state of Colorado have sued Greystar, the largest multifamily operator in the United States, for deceiving tenants about monthly rent costs by tacking on numerous mandatory hidden fees on top of advertised prices, according to a release. Greystar advertises its available apartments widely.
You need to cater to your tenants' whims, keep your property in great shape all year round, and manage awkward rent collections on your own. Hiring a propertymanager helps alleviate the stress and effort involved in managing your rental property, but how much does propertymanagement cost?
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