Property Management Companies

Started by masterq

almost 19 years ago

Posts: 110

Member since: Jan 2007

Discussion about

I may be about to sublet my place in Soho. It's a co-op studio with a liberal subletting policy. I reckon it'll be worth about $2k per month (rent). (If that seems cheap, note it's a 5th floor walk up studio.) Thing is I'll be leaving the country and will need a property manager to collect the check, and deal with unforseeables. Does anyone know how much these companies typically charge for that service for an apartment with a rent around $2k? Not looking for a specific company, but more an idea of what I should be expecting. Any comments very welcome. Thx.

Response by kskoplin

almost 19 years ago

Posts: 1

Member since: Jan 2007

You should check out Rialto Management. I think their website is: http://www.rialtomanagement.com/
The guy that runs the place is Scott Lerman and he is great at what he does.

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Response by jerrypi@gmail.comx

almost 19 years ago

Posts: 32

Member since: Oct 2006

Most prop mgmt companies do it for about 4% of the rent. if you don't want the hassle, it's worth it. but in all honesty, it's not that difficult for you to collect the rent and save the 960 a year.

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Response by anonymous

almost 19 years ago

Posts: 8501

Member since: Feb 2006

Hi. Five floors are pretty steep, but I'd be interested in learning more about your apartment as I am looking in that price range and SoHo would be ideal. My email is creativesoulny@yahoo.com and I am a responsible female professional in her late thirites looking for a beautiful place to call home. Thanks.

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Response by anonymous

almost 19 years ago

Posts: 8501

Member since: Feb 2006

Thanks for the comments guys.

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Response by anonymous

almost 19 years ago

Posts: 8501

Member since: Feb 2006

I thought it was 8% of the rent, plus a month's rent up front to find a tenant. (Something along those lines.)

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Response by ValerieBr

almost 12 years ago

Posts: 1

Member since: Feb 2014

I've been working with XL Real Property Management, they are taking care of my apt and I have to say I am very happy with their work. They are very professional and have a deep knowledge of property management in New York City. Working with them is a luxe it's worth to have.

Property Management Companies

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