Blue Mtn Rentals LLC - Standard Property Management Fee Schedule:
Monthly Property Management fee - Fees are negotiable dependent upon services provided:
10% for up to 5 units,
9% for 6-10 units,
8% for 11-15 units,
7.5% for over 16 units
Based on Gross Rents Collected monthly OR a flat $50 minimum per month fee per unit, whichever is greater
(All advertising and the first lease per occupancy is included in this fee.)
Additional Fees Blue Mtn Rentals LLC bills above base management fee:
Reserve Fund – Maintain balance of $500 per unit up to 10 units and $250 per unit for greater than 10 units.
Property Set up Fee
$40 per unit up to 10 units,
$30 per unit for 11-15 units and
$20 per unit greater than 15 units.
Maintenance Fee 15% above the amount of the invoice for repairs, maintenance or services provided by vendors, to the property.
Fees for Services Provided (vending machines, coin op laundry, utility fee collection, etc.) 15% above amount of gross receipts.
Charged in a percentage equal to Property Management Fee shown above if Pet Rent
25% of any flat Non-Refundable Pet Fee. We do not take a percentage of refundable deposits.
OR both if both are collected from tenant at lease signing.
Late Fee Collected from tenant - 50% of any late fee collected (covers costs of time for notices issued)
Lease Renewal Fee $50 - per lease term.
No charge to owner if tenant is allowed to go month to month after lease term ends.
Month to month agreement will have a premium
rental rate after lease term ends. (monthly $25 up to 10% more than lease renewal option).
Vacancy Fee $12.50 per week, up to $50 per month to keep unit with exceptional curb appeal for a marketable condition (weekly cleaning, lawn mowing, etc).
Eviction Fee 10% above what the attorney invoices for services if eviction occurs 6 months or more after tenancy begins.
NO additional charge if eviction occurs within the first 6 months of tenancy, you pay only the attorney fees as billed.
All non-refundable fees are issued to owner in the month the lease is signed (Pet, Cleaning, Carpet Cleaning, Lock Replacement, etc)
Additional Services as agreed at $40 per hour, with a 15-minute minimum.
Fees for owner based issues:
Late Payment Fee for outstanding owner/client invoices 1.5% per month on outstanding balance.
Returned Check Fee on owner/client payments $40 per occurrence, or maximum allowed by WA State laws.
Blue Mtn Rentals, LLC reserves the right to demand direct deposit or ACH payment after 2 NSF checks from owner/client.
Referral Discount – $25 per referral. No limit on the number of referrals you can send our way! Credit will show on the following month’s invoice or reports.
Receive your personal quote today for full property management of your investments