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
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.