The cost of professional property management in Atlanta and the surrounding area depends on the company and the level of service offered. Some landlords will decide to manage their property on their own because they are trying to save money. Most landlords find that trying to DIY landlording results in bad tenants and losing money. A good experienced property manager will save you money in the long run.
Property Management Fees in Atlanta
Some companies will charge a fee when they get started or a marketing fee for listing the property. Ritan Property Group does not charge any fees to get started if the property is vacant.
The leasing fee or tenant placement fee can vary. A majority of the companies charge a full month’s rent for the tenant placement. Ritan Property Group charges 75% of the first month and this covers, photos for marketing, placing the listing on all the major websites, showing the property, screening prospects, and placing the tenant on a lease. We also do a full move in inspection with video to document the property before the tenant moves in. We are looking to protect your Atlanta rental property.
Management Fee for your Atlanta Rental Property
Once there is a tenant in the property the day to day managing of the tenant and the property begin. Some companies charge a percentage of the rent somewhere between 8% and 10% which means if you have a higher rental price your monthly management fee will be pretty high. We charge a flat fee of $79 no matter what the rental amount.
Profession property management in Atlanta is a cost to you for your Atlanta rental property but you receive a great deal of protection and peace of mind and many times