Maine Property Management Package - Maine 2025

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If your rental property is located far from where you live, hiring a property management company can be invaluable in dealing with the many issues that you will not be able to handle from afar. If you live out of state, check the states lawsyou might even be required to hire an in-state management company.
Property management fees are a big consideration for any property owner. While they can be expensive, the right property management company can provide value way beyond the cost. Remember, cheapest isnt always best. Look for a property management company that offers a good balance of fees and service.
Understanding Management Fees Management fees can also cover expenses involved with managing a portfolio, such as fund operations and administrative costs. The management fee varies but usually ranges anywhere from 0.20% to 2.00%, depending on factors such as management style and size of the investment.
Most property management companies include tenant placement, rent collection, and maintenance coordination in their fees.
The Risbaras and Michauds are founders and co-owners of multiple Scarborough-based companies including Maine Properties LLC, Southern Maine Remodeling and M R Holdings. We are all Scarborough residents, and are committed to creating a high-quality product and a true Town Center here in our community.
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People also ask

Most property management companies charge a monthly fee of between 8% 12% of the monthly rent collected.
No, managing properties in Maine does not require a real estate license.

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