Are you paying too much for property management?
At Red Gum Property Management we listened to Gold Coast property investors and they said they wanted transparency and a Low property management fee structure, as well as value from their property management team.
Then we did something about it… We have a flat 5% +GST property management fee with no hidden charges.
We have a flat 5% fixed rate with no hidden charges, which saves our clients thousands of dollars...
Nathan Terry -
Founder of Red Gum Property Management
Red Gum Google Reviews
Red Gum Property Management Flat Fees compared to other structures
In South East Queensland the typical property management fee structure of 7-8% and comes with additional charges. Investors need to understand the property management fee structure before committing to a property manager.
Although small fee increases don’t sound that much when you add them up over time and allow for compounding the difference can make a huge difference to your portfolio.
In the example below we look at the property management fee of a typical investment property with a $800 per week rent.
Look how much Red Gum Property Management can save you!
Typical property management fee of 7-8% and comes with additional charges.
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Management Fee $64
8% fee of the weekly rent paid by the tenant
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Administration Fee $5
Administration fee
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Re-letting Fee $800
Charge to renew the lease agreement
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Advertising Fee $300
Charge to advertise the property
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EOFY Statement Fee $30
End of financial year statement preparation
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Total Annual Fees $4,463
Annual property management fees
Red Gum Property Management charges a flat 5% fee with NO additional charges.
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Management Fee $40
5% fee of the weekly rent paid by the tenant
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Administration Fee $0
Administration fee
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Re-letting Fee $0
Charge to renew the lease agreement
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Advertising Fee $0
Charge to advertise the property
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EOFY Statement Fee $0
End of financial year statement preparation
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Total Annual Fees $2,080
Annual Property Management fees