Suave Management · Greater Los Angeles
Property management pricing for Burbank and Los Angeles owners
Suave’s management fee is 7% of rent collected for portfolios below $15,000 in total monthly rent, or 5% at $15,000 or more. Tenant placement is a one-time fee of 50% of the first month’s rent. There are no setup or lease renewal fees.
Published fees
Clear numbers, before you commit
Standard management
7%
of rent collected
Portfolios below $15,000 in total monthly rent
- Ongoing property management
- Rent collection and owner reporting
- Maintenance coordination
Portfolio management
5%
of rent collected
Portfolios at $15,000/month or more
- Same management scope
- A lower rate for qualifying portfolios
- No setup or renewal fees
Tenant placement
50%
of the first month’s rent
One-time placement fee
- Marketing, showings and screening
- Lease signing coordination
- Six-month placement protection*
*Placement protection is subject to the management agreement. Repair expenses and other property costs are separate from management fees.
What the management fee covers
Ongoing management brings rent collection, resident communication, maintenance coordination and owner reporting into one service. Your proposal identifies the properties and scope covered by the management agreement.
- Rent collection and property-level statements
- Maintenance coordination and communication
- Lease administration and owner access through Suave Owners
Management fees and repair expenses are different
The percentage fee pays for management. It does not mean repair labor, materials or vendor invoices are free. Ask for the spending authorization, reserve requirements and any additional charges in writing before you sign. This lets you compare the complete cost rather than only the headline percentage.
A $3,500 monthly rent example
At the 7% rate, $3,500 of collected rent produces a $245 management fee. A new placement at that rent produces a one-time $1,750 placement fee. A qualifying portfolio with $15,000 of collected rent produces a $750 management fee at 5%. These examples illustrate fees, not net income; repairs and other property expenses are separate.
Compare proposals on the same basis
Check which rent the percentage applies to, what triggers a placement fee, whether renewals carry a charge, and how maintenance expenses are authorized. Suave charges its management percentage on rent actually collected. When no rent is collected, there is no management fee on that uncollected rent.
Common questions
How much does Suave charge for property management?
Management is 7% of collected rent for portfolios below $15,000 in total monthly rent and 5% at $15,000 or more. Tenant placement is 50% of the first month’s rent. Your written proposal confirms the scope and applicable terms.
When does the 5% portfolio rate apply?
The 5% rate applies when total monthly rent across the properties Suave manages for you reaches $15,000 or more. Confirm the properties included in the calculation in your proposal.
Are setup and renewal fees charged?
No. Suave does not charge setup or lease renewal fees. Vendor bills and other property expenses remain separate from the management fee.
Is there a management fee if the tenant does not pay?
The management fee is calculated on rent actually collected. No management fee is charged on rent that has not been collected.