this post was submitted on 02 Oct 2023
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[–] [email protected] 14 points 1 year ago (2 children)

The places I've stayed so far pay a company to deal with these issues in place of the owner.

I can't speak on what that costs, however.

[–] [email protected] 7 points 1 year ago

Management companies typically take a percentage of the monthly rent (can vary wildly from 8% up to 25%+). This also means they have a vested interest in increasing a building's rent by the maximum legally allowed amount every single year, because it means they make more without doing additional work.

[–] [email protected] -2 points 1 year ago

Even dealing with a property manager can be a full time job for owners.