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RATES & FEES

Rates

Our management fee rate is 8% depending on several factors... property type, scheduled rents, services requested, location etc. Below is a generalized estimation of our management rates. They are subject to change without notice and will vary with other factors taken into consideration that may or may not be listed here. The average property is usually managed at a 8% commission.

8% Single Family Homes or $80.00 which ever is greater.

8% Condos and Town homes $80.00 which ever is greater.

Rates and fees on all property types are subject to change without notice.

Fees
Start-Up -One time Start up fee of $100. Paid when management agreement is signed
Renewal -Lease renewal fee is $50.
Monthly -We only charge our fees based on collected rents on managed properties.
Placement –We do not charge a placement or a leasing fee to the owner.

Advertising -All advertising costs are passed through to the owner. We attempt to customize each advertising program to each owners wishes and property type for every property we manage. Some owners want constant newspaper advertising, while others do not want any at all. Most owners want some. We have found that serious tenants look for affordable housing seven days a week, not just on the weekends. Initial advertising funds will need to be placed into an Owners account prior to an ad being placed. Deductions are made from the funds in their respective accounts. Owners can place the ads themselv, however, the Nevada Real Estate Division requires that our name and phone number be placed in the ad. Otherwise it could be conceived as "bait and switch". Some tenants, because of their rental history, do not want to deal with a property management company. They know their only chance at getting a property is through an individual that probably does not have the resources to research their history or is out of state and would have trouble evicting them. We attempt to use free advertising when possible. When a generic ad that covers several properties can be used those charges are shared by all of the vacant properties to which the ad applies.

Repairs - New Property

On occasion, an owner will call us and need our office to manage, handle, and complete thousands of dollars in repairs and clean-up of a property BEFORE we ever manage it, or make it available for the first time to the renting public. In this specific instance we charge 15% of the repairs made for handling these repairs and a signed management agreement is require before we can start on any repairs.

 
 
 
Contact Affordable Property Management today at 702-437-4121 or Email: Cmclain139@gmail.com