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Property Management Fees-Part 1
In Episode 70 of the Real Life Planning Podcast, Vekevia Tillman-Jones, CFP®, MBA, breaks down what to expect when hiring a property manager—specifically, what fees landlords are responsible for. From onboarding to lease renewal to emergency maintenance, this episode offers a thorough, practical guide to owner-paid property management fees.
This week on Real Life Planning Podcast:
💡 What are the common property management fees landlords should expect? [00:01:12]
💡 How do tenant placement and lease renewal fees typically work? [00:03:33]
💡 What’s included in the monthly maintenance fee—and what isn’t? [00:05:15]
💡 How do emergency, inspection, and vacancy fees add up? [00:07:46]
💡 What eviction, legal, and utility transfer fees should owners be prepared for? [00:10:38]
Takeaway Quotes:
"Oftentimes, many people don't realize that the property management company might charge owner-paid fees, but they also might charge fees to your tenant."– Vekevia Tillman-Jones
"It could feel like nickel and diming a bit, but really it's about protecting your investment and setting clear expectations." –Vekevia Tillman-Jones
Connect with Real Life Planning:
- X
- Real Life Planning on Bigger Pockets
- Email: [email protected]
About the Real Life Planning Podcast
Hosts Cynthia Meyer and Vekevia Tillman-Jones explore practical steps for real estate investors to build financial freedom and make working for someone else optional.
The ReaL Life Planning Podcast is for educational purposes only. None of the information discussed is intended as investment, tax, accounting, or legal advice, nor as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, real property, or other securities or non-securities offering.
Real Life Planning, LLC is an Investment Advisor registered with the States of New Jersey, New York, Texas, Virginia, and California. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or completeness of, any description of securities, markets or developments mentioned. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, REALLIFEPLANNING.COM.
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By Cynthia MeyerIn Episode 70 of the Real Life Planning Podcast, Vekevia Tillman-Jones, CFP®, MBA, breaks down what to expect when hiring a property manager—specifically, what fees landlords are responsible for. From onboarding to lease renewal to emergency maintenance, this episode offers a thorough, practical guide to owner-paid property management fees.
This week on Real Life Planning Podcast:
💡 What are the common property management fees landlords should expect? [00:01:12]
💡 How do tenant placement and lease renewal fees typically work? [00:03:33]
💡 What’s included in the monthly maintenance fee—and what isn’t? [00:05:15]
💡 How do emergency, inspection, and vacancy fees add up? [00:07:46]
💡 What eviction, legal, and utility transfer fees should owners be prepared for? [00:10:38]
Takeaway Quotes:
"Oftentimes, many people don't realize that the property management company might charge owner-paid fees, but they also might charge fees to your tenant."– Vekevia Tillman-Jones
"It could feel like nickel and diming a bit, but really it's about protecting your investment and setting clear expectations." –Vekevia Tillman-Jones
Connect with Real Life Planning:
- X
- Real Life Planning on Bigger Pockets
- Email: [email protected]
About the Real Life Planning Podcast
Hosts Cynthia Meyer and Vekevia Tillman-Jones explore practical steps for real estate investors to build financial freedom and make working for someone else optional.
The ReaL Life Planning Podcast is for educational purposes only. None of the information discussed is intended as investment, tax, accounting, or legal advice, nor as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, real property, or other securities or non-securities offering.
Real Life Planning, LLC is an Investment Advisor registered with the States of New Jersey, New York, Texas, Virginia, and California. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or completeness of, any description of securities, markets or developments mentioned. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, REALLIFEPLANNING.COM.