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9/22/2017 12:11:25 AM
Posted: 8/17/2005 11:25:09 AM EDT
Guys,

I have been offered a great deal on a triplex rental that is in nice shape (minor paint touchups, roof/structure/etc all good). The only problem is that it is located in a city an hour away. Does anyone here own a rental property that is a ways off? Any experience with hiring a manager, if so what type of fee? I am just trying to do a feasibility study to see if this will be worth it.
Link Posted: 8/17/2005 11:28:31 AM EDT
Property management will generally run you 7-10% of your gross rents.
Link Posted: 8/17/2005 11:29:13 AM EDT

Originally Posted By Prefect:
Property management will generally run you 7-10% of your gross rents.



8% is standard here in Portland, OR.
Link Posted: 8/17/2005 11:33:38 AM EDT
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