One of the most common concerns property owners have when hiring a property management company is hidden fees. Many companies advertise low management fees but later surprise owners with unexpected charges for routine services. At #1Source Property Management, we believe in transparent, flat-rate pricing so that our clients always know what to expect—no surprises, no hidden fees!
In this blog, we’ll answer some of the most frequently asked questions about hidden property management fees and explain why our straightforward pricing structure makes managing your rental property stress-free and predictable.
1. What Are Some Common Hidden Fees Charged by Property Management Companies?
Many property management companies have a low advertised rate but charge additional fees for services that should be included. Some of the most common hidden fees include:
✔ Lease Renewal Fees – Some companies charge full leasing fees just to renew a lease with an existing tenant.
✔ Maintenance Coordination Fees – You may be charged an extra 10-15% markup just for the manager to schedule a repair.
✔ Inspection Fees – Some companies charge extra for routine property inspections, even though they are essential for proper property management.
✔ Setup Fees – Initial onboarding or account setup fees that can range from $100 to $500.
✔ Marketing Fees – Extra charges for listing and advertising your property beyond the standard tenant placement fee.
✔ Eviction Fees – Some companies charge high fees to handle the eviction process, even if they placed the bad tenant.
2. How Does #1Source Property Management Handle Fees?
At #1Source Property Management, we keep things simple, honest, and upfront. Our flat-rate pricing ensures you get the services you need without surprise charges. Here’s what we offer:
✅ Flat Monthly Management Fees
•$119 per month for one property
•$109 per month per property for two properties
•$99 per month per property for 3–10 properties
✅ Leasing Fee – 50% of one month’s rent for tenant placement (NO marketing or listing fees added).
✅ Lease Renewal Fee – 25% of one month’s rent (minimum $399, max $1,000). No excessive renewal fees!
✅ No Maintenance Markups – You only pay for actual repair costs, with no extra percentage fees.
✅ No Extra Charges for Routine Inspections – We conduct regular property inspections as part of our service.
✅ No Account Setup Fees – We won’t charge you just to get started.
✅ No Hidden Marketing Costs – Your property gets listed on top rental sites without extra charges.
✅ Eviction Protection – We handle the entire eviction process efficiently if needed, ensuring you’re covered.
3. Why Are Some Property Management Companies Not Upfront About Fees?
Some companies intentionally advertise low rates to attract new clients and then add extra charges after signing the contract. This can quickly add up, costing property owners hundreds or thousands of dollars in unexpected fees.
At #1Source Property Management, we don’t believe in that approach. We’re committed to honest, transparent pricing so our clients can budget with confidence and avoid surprises.
4. How Can Property Owners Avoid Hidden Fees?
Before signing with a property management company, be sure to:
✔ Read the contract carefully – Look for clauses related to extra fees, maintenance markups, and renewal charges.
✔ Ask for a full list of fees upfront – A good property management company should be willing to explain all costs.
✔ Compare pricing structures – A flat-fee model like ours is often more cost-effective than a percentage-based structure with hidden charges.
✔ Ask about maintenance markups – Some companies inflate vendor charges, so make sure you know what you’re paying for.
5. How Does #1Source Property Management Help You Save Money?
By eliminating hidden fees, our clients save money while still receiving top-tier property management services. With our transparent pricing, you can:
✔ Accurately budget your expenses with no surprise costs.
✔ Keep more of your rental income without losing profit to unnecessary fees.
✔ Have peace of mind knowing you’re working with an honest and reliable property management team.
Final Thoughts: Choose Transparency, Choose #1Source Property Management
Hidden fees can be a costly headache for property owners, but they don’t have to be. At #1Source Property Management, we pride ourselves on clear, straightforward pricing so you know exactly what you’re paying for—and nothing more.
If you’re looking for a property management company in Metro Atlanta that values honesty, affordability, and excellent service, we’re here to help!
📞 Contact us today to learn more about our flat-rate pricing and how we can help you maximize your rental income!
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