DMS Properties, LLC ...
Residential Real Estate Services

3475 Leonardtown Road, Suite 205, Waldorf, MD 20601
Post Office Box 2051, Waldorf, MD 20604

Office/Fax: 301-744-0002
E-Mail:
info@dmspropertiesllc.com

DMS Properties, LLC ... Residential Real Estate Services

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FAQ -- What Fees Do You Charge
for Managing Rental Properties?

DMS Properties, LLC ... Residential Real Estate Services charges a flat-rate of 8% of the monthly rent that is collected for managing a residential property. We can do this
because we have limited overhead and keep our expenses low. We feel that 8% is a fair price for the services we provide ... there are no other "hidden" costs or fees that you are required to pay.

We have found that some homeowners have been required to pay hourly rates for Court proceedings, special fees for the periodic property inspections, or "eviction insurance"fees that are supposedly designed to save you money in the event we need to evict tenants for you. We don't charge those!

The only things we would charge to you as the homeowner are any maintenance items or repairs for the home that are NOT caused by neglect of the tenants or the legal fees charged by Maryland District Court for rent collection (Failure to Pay Rent) filings and eviction (Warrant of Restitution). In addition, you would be responsible for the costs incurred for the physical eviction of the tenants ... these fees and procedures are somewhat different in each County. We will gladly discuss those with you in greater detail.

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Equal Opportunity Housing Maryland Association of Realtors National Association of Realtors National Association of Residential Property Managers