It is not going to work that way.

Management fees can be anywhere from 5 to ten percent of rent, and repairs will be separate.

It is very easy to see why it does not work the way you think: If there is some repairing needs five hours' labor, 20 dollars per hour, it would be one hundred dollars. What about something he cannot fix? He has to find someone else, do you expect him to pay for you?

For this case, you probably end up like this: you pay him $50 per month for property management. Any repair/advertising/utility/insurance costs incurred will be on you.

所有跟帖： 

• Thanks for your very valuable answer, please read more details i -DeanNg- ♂ (490 bytes) () 12/10/2008 postreply 09:34:09

• It's more like a partnership, his labor has 14% shares in it. -DeanNg- ♂ (0 bytes) () 12/10/2008 postreply 09:45:17

• It's not a good business model. -屋漏痕- ♂ (176 bytes) () 12/10/2008 postreply 09:53:26

• Thanks, but I need to know the average labor cost per month -DeanNg- ♂ (375 bytes) () 12/10/2008 postreply 10:04:52

• It is wrong mentality to think about partnership. -cultuslake- ♂ (671 bytes) () 12/10/2008 postreply 09:58:44

• 回复：It is wrong mentality to think about partnership. -DeanNg- ♂ (201 bytes) () 12/10/2008 postreply 10:31:35

• Labor costs probably varies from city to city. -cultuslake- ♂ (388 bytes) () 12/10/2008 postreply 10:57:24

• Thanks. Here the labor cost is just $15/hour -DeanNg- ♂ (0 bytes) () 12/10/2008 postreply 11:06:54

• Good for the landlord. -cultuslake- ♂ (45 bytes) () 12/10/2008 postreply 11:43:31

• I just use Chinese and Mexicans, sometime blacks -DeanNg- ♂ (402 bytes) () 12/10/2008 postreply 13:19:54