For Pinellas County rental owners
Property management and leasing fees, in full.
Compare ongoing management with leasing-only support for your Pinellas County rental units.
| Service or charge | How it works |
|---|---|
| Monthly management | 8% of rent actually collected, or 7% for 5+ managed units, with a $120 monthly minimum per occupied unit. The 7% rate applies to every occupied unit in a qualifying portfolio, not just units above five. All managed rental units, including vacant units, count toward the five-unit threshold. The $120 minimum applies separately to each occupied unit even if no rent is collected. Vacant units are not charged. |
| Managed-rental placement | $1,000 or 50% of the first month’s rent, whichever is greater, per new tenancy. |
| Leasing-only fee | 75–100% of the first month’s rent. The rate depends on how readily the property is expected to rent and the work needed for marketing, showings and placement. A property expected to need less leasing work may be quoted nearer 75%; a more involved assignment may be nearer 100%. Jason confirms the rate in writing before work begins. |
| Maintenance markup | No maintenance markups. Repair costs remain the owner’s responsibility. |
| Lease renewal | $200 per renewal. |
| Setup | No setup fee. |
| Inspections | One inspection per rental unit included per year. Additional inspections are $75 each. |
| Repair-payment or processing charges | Vendors normally bill owners directly, with no repair-payment processing charge. If Jason pays a repair bill on an owner’s behalf, a separate 5% processing charge applies to the amount he pays. There are no maintenance markups. |
| Cancellation after tenant placement | 30 days’ notice is required. If management ends within 90 days after tenant placement, an additional early-termination fee of 50% of the first month’s rent applies. Review the notice and effective-date terms in your agreement before signing. |
Review the complete written proposal before signing, including the monthly minimum per occupied unit, any processing or other charges, when fees are due, and the early-termination fee. The calculator below covers only the confirmed rates shown here.
Your units. Your rents.
Estimate your portfolio’s fees.
Start with your unit count and rent per occupied unit. Add a separate rent group only if some units collect a different rent. Enter new placements if you want to include their fees.
Management: 8% of collections, or 7% for portfolios with 5+ managed units, subject to $120 per occupied unit per month. The tier uses all managed units entered, including vacant units; vacant units themselves are not charged. Occupied units with no collections still incur the $120 minimum. Managed-rental placement: the greater of $1,000 and 50% of first month’s rent per tenancy. Leasing-only: a 75–100% range until your rate is quoted. Totals exclude renewal fees, additional inspections, repair costs, the 5% processing charge when Jason pays a repair bill on your behalf, and any early-termination fee. This is a fee illustration, not a rental-value estimate.
Discuss These Fees With Jason Review rates and terms →Budget beyond the monthly percentage
What could a year of management cost?
These hypothetical examples use the published fee schedule. They are not quotes, actual client results or forecasts. Both assume three managed units with $2,000 monthly rent per unit, so the 8% rate applies.
Three occupied units, no turnover
Assume all rent is collected for 12 months and each lease renews once: $72,000 collected × 8% = $5,760 in management fees, plus three $200 renewals = $6,360 in management and renewal fees for the year.
One turnover and one vacant month
Assume two units collect rent for 12 months and the third for 11 months, with one new tenancy and two renewals. Collections total $70,000. Management is $5,600; placement is $1,000; two renewals are $400. That totals $7,000 in management, placement and renewal fees. The vacant unit has no management charge during its vacant month.
For a fuller budget, assume $1,500 in turnover work, $900 in other repairs, and one additional $75 inspection. If vendors bill you directly, these costs plus the $7,000 above total $9,475. If Jason instead pays all $2,400 of those repair bills, add the separate 5% processing charge ($120), for $9,595. The $2,000 of uncollected rent from vacancy is additional lost income, not another cash expense.
Both examples exclude property taxes, insurance, association dues, utilities, financing, capital replacements, legal costs and any other property-specific or agreed charges. The first example also excludes repairs and additional inspections. No early termination is assumed; the published notice and early-termination terms still apply. These are partial operating budgets, not net operating income or investment-return calculations. Occupied units with no collections still incur the $120 monthly minimum per unit.
Compare vacancy, renewal and repair decisions → · Discuss your units and a written proposal →
Read the examples by service.
Three managed units
At $2,000 collected per unit, total collections are $6,000 and the monthly management fee is $480. With no new tenancies, no placement fee is included in this example.
A new managed tenancy at $1,500 first month’s rent has a $1,000 placement fee, because the minimum exceeds 50% of the rent. At $2,400 rent, the placement fee is $1,200.
Leasing-only
A new tenancy at $2,400 first month’s rent has an estimated $1,800–$2,400 leasing-only fee, until Jason confirms your rate.
No ongoing management is included. Repairs and other applicable charges are outside these examples.
Cancellation is a separate consideration.
Management requires 30 days’ notice to end. If Jason placed your tenant and management ends within 90 days after placement, an additional early-termination fee of 50% of the first month’s rent applies. Review the timing conditions in the agreement. It is not included in this calculator.
Brokered by Dalton Wade, Inc.
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