Simple & Straightforward
How much does your mutual fund manager, banker, or retirement fund manager charge? Most asset managers assess fees of at least 1-2% of the value of the asset under management.
In spite of the complex and difficult nature of managing a piece of real estate, Ernst & Haas' fees fall at the low end of that spectrum. For example, on a $380,000 property your estimated annual management fees ($1,500-$1,700) would be less than 0.5% of the value of the asset. Compared to the cost of other types of investment managers, Professional Property Management can be a very good deal.
|
Type of Service |
Fee |
|
Account Setup |
No Charge |
|
Maintenance Administration |
No Charge |
|
Long Distance Phone Charges |
No Charge |
|
Property Photographs |
No Charge |
|
"For Lease" Sign Posting and Flyers |
No Charge |
|
Property Inspections |
No Charge |
|
Homeowners Association Management |
No Charge |
|
Full Accounting Service |
No Charge |
|
Property Value Analysis |
No Charge |
|
Investment Advisory Service |
No Charge |
|
All other misc. services |
No Charge! |
|
Leasing (Placing a New Resident) |
$195 |
|
Monthly Management |
7% of Rent |
|
Lease Renewal (Existing Resident) |
$50 |
|
