This arrangement favors properties that are well maintained and in good overall condition with good tenants. If you have that type of property you are probably way overpaying for your property management services. It is likely that you have few unpredicted incidents and low tenant turnover but, nonetheless, are paying for associated services in your flat, percentage of rent fee. In fact, even if you don’t have the perfect property it’s probably to your advantage, and you will save considerable costs, by paying for services on a per-use basis.
