5 Fees Sacramento Property Managers Charge That Most Landlords Miss

If you hire a property manager in Sacramento, the monthly percentage is not the only thing you pay. Most owners figure this out after their first year when the numbers do not match what they expected.

Five fees that show up on owner statements regularly:

Leasing fee. When your unit goes vacant and the manager places a new tenant, many companies charge 50 to 100 percent of the first month's rent. On a $2,200 rental, that is $1,100 to $2,200 on top of the monthly management fee.

Maintenance markup. Some managers add 10 to 15 percent on every vendor invoice. A $1,500 plumbing repair becomes $1,725. You may not notice unless you compare the invoice to your statement.

Lease renewal fee. Your tenant wants to stay another year. Good. Some managers charge $150 to $300 to process that renewal.

Vacancy fee. Your property is empty and earning nothing. Some companies still charge a reduced monthly fee during vacancy.

Early termination penalty. You want to switch managers. Some contracts charge $200 to $500 to cancel, plus whatever notice period the contract requires.

Every one of these fees is in the contract. Most owners sign without calculating the total annual cost once the fees stack up.

More Sacramento landlords are switching to flat-rate management for this reason. A fixed monthly fee with no leasing charges, no renewal fees, and no maintenance markups is easier to budget and usually cheaper over 12 months.

Alpha Property Management charges $99 per month for residential property management in the Sacramento area. No percentage fees, no hidden costs.

(916) 308-5615 | alphapropmanagement.com 2377 Gold Meadow Way, Suite 100, Gold River, CA 95670