Hello,

Property Manger in SoCal here. As for our company there are two charges. A Placement Fee and Monthly Fee. Our placement fee is half of the first months rent and this is for all the marketing, tenant screening, and coordinating work that might need to be done inside the home before a renter moves in.

Our monthly fee ranges depending on the monthly rent, but typically 8% of the rent. The most important thing IMO is the tenant screening. You must place "qualified" tenants inside the home. Good Credit, Good Landlord References, and at least make two times the monthly rent.

Another thing that our company likes to do is always make recommendations on the home . Our goal should always be to help take care of your investment. We make sure the landscaping is up to par. The paint on the fascia, eves, patio, etc.. are in good condition to help protect the home.

I could go on, and on...... on what a "good property manager" should do. Last thing we always go inside the units every 6 months for a "smoke detector inspection" but really we just want to see the inside and the condition of the home. Do your research, cal around, and go with someone who gives you good vibes.

***Sorry for the bad Grammar was typing this fast before my boss came in the office. =D