Localfund.com - All about Fund and Investment
*Home>>>Investment Manager

Property Manager - Their Role? Body Corporate Fee?


I had just bought a Townhouse as my investment property, while I'm paying the Body Corporate Fee, the property manager in there still charge me extra fees for mowing the lawn, or hourly rate for fixing stuff in my investment unit.

Is this normal? a normal act? Aren't this should all include in the Body Corporate Fee?

I should also mention, I'm paying the property manager 5% commission plus another 2.5% management fee. I would thought this fee covers the lawn mowing as well?

Property management fees vary. You are the new owner and you can set the salary of the property manager. Seems to me the percentage you are paying should be sufficient without extra fees.

Tags
  Investment Plan   Investment Performance   Investment Options   Investment Opportunity   Investment Manager   Investment Management   Investment Information   Investment Group   Investment Firms
Related information
  • How to get out of an investment home, short sale? foreclosure?

    Don't know who your leneder is but I would contact them and ask to speak to the loss mitigation department to work something out....Lenders are dealing these days and they might cut you a good...

  • Customer Service or Assistant Manager at a retail store, which career path?

    Do the retail job. Office people are weird - they send emails to people who work opposite them instead of talking directly to them, they all gossip and they all think their a bit special when all t...

  • Does it matter if you leave near or far away from your investment properties?

    It doesn't. I have a doctor friend of mine who has houses in New Jersey, New York, Texas and two here in California. He lives primarily in one of the houses here in California and rarely goes ...

  • What are the characteristics of a highly successful Property Manager?

    You need to be good at multi-tasking. You need to make sure you are always looking ahead and pracite prevention. You need to be a good listner because you have a pivital position and have to make...

  • What is the most lucrative and realistically attainable finance related job?

    Hedge Fund Managers earn about $100 Million on average. If I knew how to be a hedge fund manager, I'd be one right now.

    ...
  • I do not want a "get rich quick scheme" but a solid investment plan for my income? Thoughts?

    Well, my advice would still be to get another job. Never settle unless you think you can move up through the ranks of the company. As far as investments go, I would advise you to just open a hi...

  • ROI ( Return on Investment) , Misuses?

    Only if either or both invested in the business, otherwise it is meaning less.

    ...
  • I run a business projecting 拢250000 turnover this year. Are we below or over the average in the uk?

    LMAO..I dont get out of bed for less than 50 k a day...Ure so passe my friend...

    ...
  •  

    Categories--Copyright/IP Policy--Contact Webmaster