what are property management fees
At Charleston Rental Properties, our property management fee structure is very simple. First and foremost, we do not collect a management fee if your property is vacant. We consider that strong motivation to secure a qualified tenant and do it as quickly as possible. We have a one-time setup (origination) fee of $375 per property. We then charge 10%* of the gross monthly rent for an unfurnished property and 15%* for a furnished property for the management of the rental. We ONLY collect the management fee if there is a tenant in the property. Most of the other companies in this market will charge their owners at percentage of rent or a flat fee to place a tenant or every time there is tenant turnover. We DO NOT charge a leasing or re-leasing fee to our full-management clients.