We start with learning about you and your property needs. We go over our services and fees, then we schedule a walk through of your property. Our initial consultation would be a minimum of 30 minutes. Our goal is to make sure CRRE Properties LLC is a great fit for your property.
Type of fee | Description | Fee |
Management fee | Commercial | 10% of monthly rent collected |
Management fee | Residential (Single Landlords /resident) | $125/mo |
Contract setup fee | Contract fee covers accounting Open bank account Establishing necessary licenses Initial property inspection | $550.00 |
Accounting | Monthly accounting fees using property management software to produce monthly financial statements and analysis. | $2,500.00/mo Commercial $100/mo residential |
Vacant property | Showings and monitoring once a week | $0 – $50 |
Leasing | Leasing fee for renewals | 50% of 1st month rent |
Late payment | Tenant late fee collection. | 25% |
Repairs and Maintenance | Labor cost and part mark-ups | 10% |
Routine inspection fees | Commercial property inspection every 6 months and residential every 3 months to ensure property is maintained satisfactory. All inspections would accompany a detailed inspection report and photos. | $100 |
Evictions and Collections | Eviction fee for tenants residential or commercial for non-payment of rent. Legal fees are additional up to $550 | $500* |
Contract Termination fee | Management contract prematurely terminated without cause and deemed as breach of contract. | 10% of rents collected in previous month |
Financial Modeling | Budgeting & forecasting, mergers & acquisition, raising capital, and other financial tasks | $75/hr – $105/hr |