Property Management · Tarrant County · 76179

What it
costs.

Two fees. No setup cost. No maintenance markup. No renewal fee. The full breakdown is below — before you call, not after.

Fee Structure

Three line items.
Only two apply.

Monthly Management
of collected monthly rent
8–10%
Rent collection and late-fee enforcement
Owner distributions (direct deposit or check)
AppFolio owner portal — monthly statements, maintenance history
Tenant communication for all routine matters
Maintenance request intake and vendor dispatch
Lease compliance monitoring
Charged on collected rent only — no collection, no fee.
Tenant Placement (Leasing Fee)
of one month's rent, one time per tenancy
50–100%
Professional listing on MLS and rental syndication sites
Showing coordination and lockbox management
Full screening: credit, background, eviction history, income verification, landlord references
Lease execution and move-in inspection documentation
Security deposit collection and proper holding
Not charged if we take over management with an existing, in-place tenant.
Maintenance Markup
vendor invoices pass through at cost
None
Access to 40+ vetted, licensed, insured vendors
Work order coordination and documentation
Owner notification for any repair above agreed threshold
No percentage added on top of repair invoices.
What We Do Not Charge

Fees you will not
see on your statement.

Setup or onboarding fee when you bring a property on
Monthly fee during vacancy (no collected rent = no management fee)
Routine inspection fee embedded in the base management rate
Administrative fee for sending a notice on your behalf
Renewal fee when an existing tenant renews (lease renewal is part of management)
Real Scenarios

First-year cost
by situation.

Occupied property — existing tenant, take over management

You have a tenant in place and are switching from self-management or another manager. No leasing needed.

Monthly fee
$152–$190/month
First-year total
$1,824–$2,280

No leasing fee. Management fee applies from the first collected rent after agreement is signed.

Vacant property — needs tenant placed

Property is empty. We list, show, screen, and place before management begins.

Monthly fee
$152–$190/month
First-year total
$2,774–$4,180

Leasing fee ($950–$1,900) + 12 months of management.

New rental — converting a home you lived in

You are moving out and want to rent rather than sell. Property needs light make-ready and then placement.

Monthly fee
$152–$190/month
First-year total
$2,774–$4,180 (management + leasing)

Make-ready costs (paint, cleaning, repairs) are separate and coordinated through our vendor network.

Exact quoteThe right number depends on your specific property — rent, condition, whether a tenant is in place, and what the actual workload looks like. I quote precisely on a 15-minute call. No commitment required to get a number.

If You Are Comparing Managers

What to watch for
in other agreements.

Two management proposals at the same headline percentage can look completely different once you read the full agreement. These are the line items worth asking about specifically.

Maintenance invoice markup

Some managers add 10–20% to every vendor invoice. Ask: "Do you mark up maintenance invoices?" The answer should be no.

Lease renewal fee

A fee charged every time an existing tenant renews. Tenant renewal is part of basic management — not a separate billable event.

Required inspection fees

Periodic inspections are a normal part of property management. Some companies charge $75–$150 per inspection on top of the monthly fee. Ask what inspections are included at no additional cost.

Notice or compliance fees

Serving a pay-or-vacate notice, a repair notice, or a lease violation notice is part of lease enforcement — not a separate charge.

Vacancy fee

Some agreements include a flat monthly fee during vacancy. You are already paying for leasing effort; an additional vacancy management fee can mean you are paying twice for the same work.

Early termination trap

Some agreements require 60–90 days notice to terminate or include a flat termination fee. Know the exit terms before you sign.

FAQ

Common pricing
questions.

Do you charge a fee when the property is vacant?

No. The monthly management fee applies only on collected rent. If the property is vacant, you are not paying a management fee. You are paying a leasing fee when we find and place a qualified tenant.

Is the leasing fee negotiable?

The leasing fee reflects the actual work involved — listing, showings, screening, lease execution, and move-in documentation. On a $1,900 rental, the fee runs $950 to $1,900. The exact fee is part of the management agreement conversation and depends on the property and situation.

What happens when a tenant I already have moves out?

When an existing tenant vacates and we need to place a new tenant, the leasing fee applies at that time. Ongoing management between tenancies (vacancy period) runs at no management fee, since there is no collected rent.

How does the maintenance authorization threshold work?

The management agreement sets a dollar threshold — typically $250 to $500 — below which our team authorizes and coordinates repairs without contacting you first. Above that threshold, we call you before approving the work. You can set this threshold based on your preference.

What is included in a typical month's management fee?

Rent collection, late notices, owner distribution, AppFolio monthly statement, all tenant communication, and maintenance coordination. None of these are separate line items — they are what the monthly percentage covers.

Is there a long-term contract?

The management agreement is structured for an initial term (typically 12 months) with month-to-month renewal after that. Either party can terminate with 30 days written notice. The agreement spells out any fees or conditions for early termination.

Get a precise
quote on your property.

15 minutes. Tell me about the property — condition, current situation, and what you need handled. I'll give you a number before the call ends.

Get in touch →About PM services
Licensed REALTOR® · Lic. 0845090 · Century 21 Alliance Properties · Broker: Roger Brandt II · IABS Notice · Consumer Protection Notice