JJ's Blog

I am about to take on a property management position on some high end condos --- between 300,000 and 3,000,000.  There are only 30 units.  I am curious the best form of fee structure?  per unit?  A percentage of each months rent?  a flat fee?  based on what?  I really have no clue where to start-...

I have a seller who is adamant about the "$50,000" she put into the home-- although my calculations put it more around $15,000.  She bought the home for 210,000 four years ago and thinks the 50,000 should add a lot to the asking price... how do you explain it doesn't work like that to your clients?

I am part of a project with condos ranging from 300,000 to 3,000,000.... and I am supposed to set the association fees and was wondering if there is a formula I can go by??  I looked up some fees and they almost seem to be around 9% of the sales price?  SHould I go with asking price- sales price-...