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Fees
All management services are provided within an agreed upon percentage of gross revenue
Any required or agreed upon maintenance of properties and advertising expenses will be charged to the property
Management services depend on what is requested by the Owner, and vary from property to property
A Portfolio Manager will be assigned to each property, and will maintain frequent communication with the Owner
If an on-site Community Manager is required/desired, the manager’s salary will be billed to Owner at salary plus actual payroll costs
If an apartment is provided free to the on-site manager, then state unemployment tax and workers’ compensation for the rental value of the apartment will be added