A&M PROPERTIES, LLC
PROPERTY MANAGEMENT
Property Management and Property Maintenance
Fees

 A&M Properties, LLC associates are business professionals who are paid to make the owner a profit.  With this in mind, our business plan is such that most of our repair work is contracted out.  This has proven to be most profitable for the owner as with most management companies, the management company has the ability to increase their income by "finding" repairs needed on your property and billing additional fees to the owner.  By contracting out, we have the ability to have bids placed on jobs and take the lowest bid from our regular pool of vendors.  And being that the income we make off these repairs is minimal at best, it is not in our best interest to "find" repairs.

                            Management Fees

  • Monthly management fee's are charged at 10% of gross collected rent per month.  No collected rent, no charge.
  • Maintenance performed by A&M Properties, LLC associates is charged at $35 per hour.
  • All supervision  and scheduling of contracted out work is charged at 5% of contracted price.
  • New tenant location/screening is charged at 50% of first month rent.
  • Eviction expenses vary, normally about $300
Owner proceeds checks are mailed to the owner on/about the 15th of the month.  All fees are deducted from rental income and an accounting along with your proceeds are mailed to the owner. *Bank deposits are also an option
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