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Average Property Management Fees All Locations : Nationwide Real Estate Advice

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Showing results for Average Property Management Fees [Clear search]
Wed May 1, 2013
Laurence Delbridge answered:
Appraisals are absolutely slowing the recovery. This is thanks to HVCC aka Home Valuation Code of Conduct.
0 votes 21 answers Share Flag
Mon Oct 8, 2012
Christopher Romero answered:
Mr. Chan,

Trump tower has some great opportunities, send me an email when time let's you and I will speak with you about these great deals.

Warm Regards,

Christopher L. Romero
702.787.1167
ImYourLVAgent@gmail.com
Realty ONE Group
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0 votes 15 answers Share Flag
Sun Sep 9, 2012
Idarousse Charif answered:
Hello Neville,
On average property managers will say occupancy rate is 50% of the year. However Winsor Hills is a very popular community, so it can very well be over 50%. Let me know if you have any further questions.

Regards,

Idarousse Charif
MCO Realty
407-479-8601
www.mcoflorida.com/Windsor_Hills
... more
0 votes 8 answers Share Flag
Fri Aug 24, 2012
Brian Yoak answered:
That all depends on what your are looking to spend on rent and what you are loolking to spend on a purchase. When you have a chance contact me and we can discuss the pros and cons
0 votes 22 answers Share Flag
Tue Aug 14, 2012
Michael Garden answered:
HOA fees in the projects I am involved with tend to be around $50-$100/month.
0 votes 5 answers Share Flag
Fri Aug 21, 2015
Terri Vellios answered:
I can send you listings. Let me know what purchase price they are open to. Are they ok with all parks, including age restricted parks?

Drop me an email and we'll go from there.
0 votes 7 answers Share Flag
Thu Sep 29, 2016
Laura Coffey answered:
10% is the average. Some agents even ask for up fees on them. I personally don't deal with them.
Good Luck.
0 votes 12 answers Share Flag
Fri Apr 24, 2015
Ginny Schulman answered:
I think that the highway noise and dust will hold down potential resale on these units. They are now priced at about $200+ per square foot. I think you should see Black Rock at well under $200/SF before buying at the Retreat or Park's Edge.

Ginny Schulman
435-602-3600
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0 votes 10 answers Share Flag
Tue Jun 26, 2012
Anthony Cincotti answered:
Hi Tony,

That is a tough one to answer as there are many factors to take into consideration, for instance, if the property is going to be mortgaged it is going to have additional closing costs that would not come into play on a cash transaction.

Also, purchase price is going to affect it as well. And of course, in real estate anything is negotiable so you may be able to have the seller cover many of the closing costs if they are highly motivated to close.

If you would like to go over the specifics or have any other questions answered please feel free to reach out to me. I am always happy to be of assistance,

Respectfully,
Anthony Cincotti
... more
0 votes 9 answers Share Flag
Sat Jun 23, 2012
Matthew D'Ercole answered:
HOA - 60 per month. Summer utility costs 550 to 600 per month, Winter 250 to 300. Taxes 6,300.
Insurance ? Security System 50 per month. I know Desert Shores very well. We've lived in the area since 1976. Let me know if you'd like to view this home and if I can send you some other listings we have? Feel free to use our web site for current listings as well. Matt and Kim

Matthew D’Ercole
One Source Realty and Management
Cell - 702.501.0973
Website - http://matthewsellslasvegas.las.mlxchange.com
... more
0 votes 3 answers Share Flag
Fri Jun 13, 2014
Becky Burke answered:
The HOA is approx $509/month and includes 24 hour security, maintenance of the community areas, building exterior, building insurance, roof, ground maintenance, trash removal, recreation facilities, cable.

It's a beautiful guard-gated community offering 24 hour reception,3 pools, 3 restaurants, tennis, volley ball, gym, cinema, spa,etc. It also has it's own beach/dock area.

Please let me know of you need additional information or if I can be of any assistance.

Becky Burke
Real Living Classic Homes Realty
352-394-1473
BeckyBrealtor@yahoo.com
... more
0 votes 8 answers Share Flag
Fri Mar 10, 2017
charles butterfield answered:
The most common objections to mobile homes that I hear from clients, are that they depreciate like cars, you do not own the land in the mobile home park, you must rent your space, they are difficult and expensive to finance, the space rent is often very high, they are not as well built as "stick built:" single family homes ... more
0 votes 98 answers Share Flag
Tue Apr 1, 2014
Darrell D. Drouillard answered:
That is an interesting question. I have had similar discussions here - obviously you are talking about holding the investment and not flipping if i understand correctly. I'm a realtor but also an investor in San Antonio. I work with another investor also. Both he and I are in agreement that we prefer vacant homes/duplexes.

Many investors like occupied properties so there are no real holding costs and the income is immediate. That is a good rationale, but I argue differently. Just because the home is occupied doesn't mean the tenants are current on their rent or pay timely....I know you can get rent rolls disclosed in the contract and all, but I honestly don't like to mess with it. Also, if the home/duplex/4-plex needs repairs or updates, it's 10 times easier to accomplish while vacant than it is working around a tenant.

Of course a vacant property means you must have funds to not only cover repairs but also carrying costs. Typically most foreclosures will be vacant though you may find exceptions under the newer laws to protect tenants, but that is still very, very rare.

Hope this helps.


Darrell D. Drouillard
Home Team of America
16719 Huebner Rd., Bldg 4
San Antonio, Texas 78248
210-373-6160
210-881-6760 (Fax)

www.dddrealtor.com

'Serving all Your Real Estate Needs'
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0 votes 10 answers Share Flag
Sat May 26, 2012
Paulette Carroll answered:
Good Evening,

The market is improving - with home sales raising considerably last month. A contract for deed would allow you to most likely get more for your town home as the buyer would be willing to pay a bit more for your to finance the transaction and you will be able to avoid an appraisal on your property. Rentals are also an option to selling, but since you would be out of state you would most likely want a reputable company to manage the rental property.

To help you make your decision, I would definitely get a Comparative Market Analysis on your town home, then I would interview a few realtors to assist you in your decision making process. As one of the top realtors in the Twin Cities, and office out of Anoka County, I would love to help you out. Please contact me at 763.443.3733 or paulette@movingheartsandhomes.com.

KNOWLEDGE IS KEY!!!

I look forward to hearing from you soon!

Paulette Carroll
... more
0 votes 9 answers Share Flag
Mon May 28, 2012
Scott Godzyk answered:
George you r agent should be willing to help your search not hinder ior it or scare you. YES there are less homes on teh market and YES there are many new listings that are priced at market value that do get multiple offers. As a buyer you need to move quicker on new listings and make your best offer up front. Low ball offers are a things of the past ... more
0 votes 18 answers Share Flag
Fri Feb 10, 2017
Dave answered:
To the extint a non-pro realtor/banker can speak, I have two personal times this was a huge issue for us.
First, on a CH13 15 yrs ago; the trustee advised not to pay
0 votes 22 answers Share Flag
Mon Mar 11, 2013
Joe Robaina answered:
Good evening, if the home is a single family residence and it is a cash purchase, the approximate closing costs would be as follows:

Title insurance policy $525,00
Transfer tax and fees $425.00
Closing fee $400.00 to $600.00
Optional and additional costs:
Insurance policy $600.00
Home warranty plan $500.00
If there is an existing survey and you choose to accept it (I would advise against that), you may save a couple of hundred dollars more, Otherwise you would hire an surveyor and that would cost about $300,00 for an ALTA survey which would show all current and permitted structures, easements, etc.

If you financed the property, you may have the following additional closing fees:
Title insurance (add) $435.00
Additional tax and transfer fees $550.00
Plus you may have to consider a few to several months of tax and insurance paind into an escrow account in addition to loan origination fees (points) which could vary depending on your lender.


If the property is an REO (foreclosure), you may be required to pay for a re-occupancy permit or certificate of occupancy which may cost from $600.00 to $1,500.00.

If the property is a short sale, the seller's lender will most likely pay for your title insurance policy.

If the property is a condominium or a home in a planned unit development with a home owners association, you may need to pay some months of maintenance into an escrow account to be held by the association or property management company at closing.

If there are assessments that have not been paid in full prior to the transfer of the property, you or the seller may be required to pay for all of the remaining installments of the assessments at or prior to closing. Yes, I know, that could be a deal killer.
It is important for me to re-iterate that all of the figures I provided are approximate and there are many variable that can affect your actual costs.
I hope this helps but I realize it may be difficult and confusing to come up with a realistic projection. That's why our office usually provide a prospective buyer with an estimated buyer's closing costs estimate before they submit an offer so that they can have a better idea of what their total costs might add up to be.

Please don’t hesitate to contact our office if you have questions or need additional information.

At your service,

Joe Robaina, P.A.
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0 votes 4 answers Share Flag
Sun Dec 1, 2013
Michael Emery answered:
It would depend on the the rules of the cooperative and also whether your loan would restrict you to have the apartment as your primary residence. Usually investment loans require a higher percentage down payment and sometimes a higher interest rate. ... more
0 votes 17 answers Share Flag
Sun Nov 18, 2012
Donna Thewes answered:
Rentals stay on the market for several reasons. There might be a large surplus of rental units in that area, the rent they are charging might not be similar to the others in the area as well as the condition of the property. Rentals can work in any area if you do your research.

I recently have been helping some renters look for homes in the 20724 area as well as buyers. It is a strong market if the property is priced right. Fort Meade is expanding. What it really comes down to is, what are you willing to spend, are you willing to be a good landlord and maintain your property and do you have a good property management company?
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0 votes 10 answers Share Flag
Mon Aug 31, 2015
Tapu answered:
Usually it is a percentage of income generated from building. I have a few management companies I can reccommend. Did you recently purchase a building?

You can contact me at 718-510-3884.

Best,
Tapu

Metropolitan Property Group
... more
0 votes 12 answers Share Flag
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