What is the cost to have LCPM manage my property?
LCPM charges 50% of one full months rent if we are placing the tenant, and then 10% of one full months rent every month thereon. If the property already has tenants, then there is no placement fee charged. We pay for everything upfront – advertising, marketing, showings, paperwork – you pay nothing until the property is rented. For those with multiple properties (6 or more) we have a graduated scale of fees.
