Bartomeo Property Management

This Veteran Owned Brokerage is enhancing the property management experience by providing more value than any other real estate brokerage. As investors ourselves we understand what it takes to manage properties.

First off, we don’t charge you anything unless your property is rented. If you’re not making money, we aren't either. Our fees are structured based on several factors: amount of properties you have, their location, and their quality.

The different fees that are charged by property management companies are pretty standard:

• A monthly management fee
• A tenant placement, or “Acquisition Fee”
• A renewal fee - WE DON'T CHARGE!
• A maintenance coordination fee - WE DON'T CHARGE!

This is it, no hidden fees or expenses!

What are the actual fees?

Monthly Management: 10% of the monthly rent. This fee is reduced as property owners allow us to manage more of their properties.

Tenant placement/Acquisition: this ranges from half to a full month’s rent. We look at the property’s location and rental amount to determine this. The idea is if you have a really high-end rental, let’s say it brings in $2,000 a month, charging a full month’s rent would be unfair. The opposite holds true for lower end rentals.

Maintenance coordination: this is actually pretty nifty, we don't charge anything nor do we markup any invoices. This saves you money. Seems strange, right? Our maintenance coordination fee (MCF) is 0%. As investors we understand that saving on expenses is key to cashflow and we never liked being "nickeled and dimed".

Renewal: it’s important to note that we don't charge anything here either. When a tenant is first placed, we charge an acquisition fee. Why don't we charge this fee? There are several reasons - the tenant is already in place, there isn't any marketing needed, and we do not have to research the tenant. At the end of their lease, if they decide to renew and stay, GREAT! We all win!