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Fees, I will put down two examples: Management fee: 8.5%+GST. Letting Fee: 2 weeks rent Lease renewal: 1 weeks rent. Inspections: $55 Bond Inspection: $93.50 Postage/Petites: $8.25 Property Condition Report: $165 Marketing: $99 Management fee: 9.35% Letting Fee: 2 weeks...

Rent $24,000 Mgt Fee $ 3900 approx 16% of income? I am including the Lease Fee and Letting fees. If I take them out we are around the 12% Are you going through a real estate agent? or an IP management company? I have checked with 5 PM's so far all around the same rates. :eek: like i...

Is it just me, or are WA PM fees high? Every IP I have owned , I have used a PM only because I work away and finding the time to do the running around and doing tenant checks, also if there was an issue with the property it can be dealt with quickly etc I felt it was easier and less hassling...