Landlords involved in property management are concerned about getting the best New Port Richey property management companies for their properties, but they are also concerned with the fees charged by these. Naturally, every landlord wants a company/manager that charges competitive prices. As a general rule, most companies charge 10 percent of the monthly rents the landlord receives; additionally there are some other factors that one needs to account for. There are some property managers who charge a percentage fee while others may charge a flat fee. Landlords can then choose to add this value to their monthly rental unit's price. Likewise, property managers can also charge the same and rely on a set income on monthly basis per rental customer. However, the real issue arises when landlords want their property managers to do only certain tasks such as advertise their units or assist in renting out the units etc, rather than day-to-day assistance and maintenance. In such a case, an hourly fee is the best solution. In these cases where property owners require different levels of assistance it is difficult to see how both parties can be satisfied: the property manager must be compensated fairly while the owner must receive the service he deserves. Both parties must clearly negotiate the tasks and the fees to avoid hassles down the road.
