As with anything in life there are costs. Your time is valuable and by hiring a property manager you are getting time back in your life. Below is the schedule of fees for property management. Not all of them occur every year depending on if your tenant has moved or not. Reach out to us for clarification if needed. Also the contract you sign is the final word on your fees so refer to that as well.
OWNER FEE SCHEDULE
| Name | Description | Type | Value | Frequency |
| Set up fee | First Unit | Flat | $200 | Once at property onboarding |
| Addiitonal Unit (Per Unit) | Flat | $100 | Once at property onboarding | |
| Management Fee | City of Portland | Percent | 10% | Monthly |
| All other Areas | Percent | 8% | Monthly | |
| Eviction Protection | For tenants put by HP | Percent | 0.05% | Monthly |
| Leasing Fee | Marketing, Lease execution, property assesment | Percent | 50% | Per new tenancy |
| Lease Renewal fee | Renewal of lease for great tenants | Percent | 12.50% | Yearly with no tenant change |
| Annual Year End Statements | Administrative fee per unit | Flat | $25 | Yearly |
| Termination Fee | Administrative fee per unit | Flat | $250 | Once at offboarding |
| Early Termination Fee | Administrative fee per unit if offboarding prior to 180 days | Flat | $500 | Once at offboarding |
