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Topic

Property management fees for rental properties

Housing
#1
  • バブルス
  • mail
  • 2023/09/21 16:17

Anyone who is renting real estate ､ or in the profession?
I am wondering if I should sell or rent my condo.
If I rent ､ is the amount I pay to the realtor monthly ？ or only at the time of contract ？
Thank you very much.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#2
  • 不動産オーナー
  • 2023/09/26 (Tue) 07:47
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It depends on whether it is short term or long term, as well as negotiations with the real estate company, but I think 10% ～ 20% of the monthly rent is typical if you ask for property management. Ours is 10% for a lease of six months or more, but I think 20% is more common for vaqueroan management. In Hawaii, if you live out of state （ including returning to Japan ）, you need to manage your property with a management company in Hawaii, but if you manage it yourself, you do not need to pay monthly property management fees. If you manage your own property, you do not need to pay monthly property management fees. When you add tenants, you will need to pay a one-time tenant introduction fee, but in many cases, you do not need to go through a real estate agency if you manage your own property. If you manage the property yourself, you will be responsible for any eviction, so there is a higher risk involved. Also, if you rent the property, the tax rate will change, GET will be charged, and HOA will also affect your profit margin.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#3
  • バブルス
  • 2023/09/29 (Fri) 14:50
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Thank you ､ for the information.
It was very helpful.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

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