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by jsonmez 3559 days ago
Yes. Vetting a good property management company is difficult. I've fired more than a few.

But, now I have good managers in place.

Typically, you can expect 10% of rents for management fee--well worth paying.

You should factor this in when considering a property.

For major expenses, I have some reserves and I figure a 10-20% buffer again off of the rent of the property.

This covers the average expenses over time.