Are you wondering how much it costs to have a property management company? Do you live in the San Diego area and want to know if Uplift Property Management Services is the right fit for you? Keep reading to find out the average cost of property management and how Uplift stacks up!
How much does property management cost? This is a question we get a lot here at Uplift Property Management. To put it simply, the cost of property management varies depending on the type and size of your property and the services you require. For example, some property owners only need help with leasing, while others need full-service property management, which includes tasks like rent collection, maintenance, and evictions.
Uplift Property Management Cost vs Average Property Management Cost
At Uplift Property Management, we believe that our clients should get the best possible value for their money. That's why we offer competitive rates for all of our services. Take a look at how our costs compare to the average property management company:
- Multi-Unit Full Property Management: 8% or less (Uplift), 10% (average)
- Single Family/Condo Full Property Management: 8% or less (Uplift), 10% (average)
- Leasing Only Services: 1-month rent (Uplift), 2 months rent (average)
Here at Uplift Property Management, we pride ourselves on being an affordable option for our clients. To put our prices in perspective, let's compare them to the average cost of property management services in San Diego. According to HomeAdvisor, the average cost of property management services in San Diego is 10% of the monthly rent for small- to medium-sized properties and 2% of the monthly rent for large apartment complexes. This means that our prices are 20% lower than the average for small- to medium-sized properties and 50% lower for leasing-only services!
Conclusion
In conclusion, property management costs vary depending on factors like the type of property, location, and services required. On average, you can expect to pay 8-10% of your monthly rental income for small properties and 5-6% for large properties. Here at Uplift Property Management, we offer competitive rates for single-family/condo properties and multi-unit properties. So if you're looking for an affordable option in San Diego, call us today!