Property Management Fees Part 1 | Real Life Planning Podcast Episode 70
Real Estate CoachingIn 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.
"You want to be in a position to really sit back and just set it and forget it… because you're still the business owner, but allowing someone to help you run your business." — Vekevia Tillman-Jones
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
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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.
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