Condo Q&A

What is market rate cost for property management services?

Written by stephen polinsky | Tue, Oct 30, 2012 @ 10:44 AM
I am about to join a board that has had a history of trouble keeping a solid board together that can successfully budget and manage financials year to year. We have over 180 units and I think we should we should hire a property management company to oversee our operations and financials. The question I have is what is a reasonable or market rate paid for this kind of third party managment.