Anything 10 years old that has not had the AC, water heater, and roof replaced is just a money pit waiting to happen. Flooring and interior fittings are at a point that they need attention too. Any included appliances are old. Looking at homes built after..
1 Percentage of monthly rent: If you choose to employ a property management company on a full-service basis, you'll most likely be charged a percentage of the monthly rent on your property.2  This can range anywhere from 5-15%, with 8-10% being common.3  Under this fee structure, if your unit isn't rented, you don't pay. Percentage of monthly rent: If you choose to employ a property management company on a full-service basis, you'll most likely be charged a percentage of the monthly rent on your property.
Example Calculation. If you're a building owner leasing a building for $3,000 per month for a three-year term, the total amount you can plan to collect is $108,000. You would pay your real estate agent an average of between $4,320 for a 4 percent commission and $6,480 for a 6 percent commission.