Insight
There are two popular management fee models: charging on gross rental revenue (including cleaning fees) or net rental revenue (excluding cleaning fees).
Best way to work with management clients (Ep583)
Summary
This podcast episode discusses how to structure management deals with clients. The guest shares insights on charging structures, specifically discussing the pros and cons of charging on gross versus net revenue, along with strategies for clear client communication. Hosts can learn from the speaker's experience in streamlining their management practices and client communications.
Key takeaway