Blue Mtn Rentals LLC - Standard Property Management Fee Schedule:
Monthly Property Management fee - Fees are negotiable dependant upon services provided:
10% for up to 10 units,
9% for 11 – 20 units,
8% for 21 – 30 units,
7.5% for over 30 units
Based on Gross Rents Collected monthly OR a flat $50 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/Unit Set up Fee
$30 per unit up to 10 units,
$25 per unit for 11-20 units and
$20 per unit greater than 20 units.
Maintenance Fee 15% above the amount of the invoice for repairs 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 Refundable or Non-Refundable Pet Fee.
OR both if both are collected from tenant at lease signing.
Lease Renewal Fee $50.
No charge if tenant is allowed to go month to month after lease term ends.
The tenant will generally have a premium
rental rate to be on a monthly agreement after lease term ends
(usually 10% more than leases).
Vacancy Fee $12.50 per week, up to $50 per month to keep unit in marketable condition (weekly cleaning, lawn mowing, etc).
Late Payment Fee 20% of amount collected when assessed for late tenant rental payment.
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.
Additional Services as agreed at $30 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.
Blue Mtn Rentals, LLC reserves the right to demand direct deposit or online payment after 2 NSF checks from owner/client.
Referral Discount – 10% off your lowest property unit management fee per each new referral that signs up for services. Limit of 50%
of lowest property unit management fee per month will be allowed. Credit will show on the following month’s invoice or reports.
Receive your personal quote today for full property management of your investments