What could your rental property cost to manage?

Build your first-year budget

The figures below are editable sample assumptions. Confirm DSDillon's current charges in your written quotation. Use zero for any cost that does not apply. All units in this model use the same rent and vacancy assumption.

How is the estimate calculated?

Collected rent equals monthly rent multiplied by the number of units and occupied months. The management percentage applies to that collected rent. Placement costs use the number of new tenancies and your agreed fee in months of rent. Retainer, contractor costs, supervision and other costs are then deducted.

What should I ask before appointing a property manager?

Ask which tasks the fee covers: marketing, enquiry handling, tenant checks, rent records, inspections, maintenance approvals, reporting and renewals. Confirm who approves contractor spending, how receipts are retained and when funds and reports reach you.

What information does DSDillon need for a quotation?

Share the general location, residential or commercial use, number of units, expected rent, occupancy, property condition and the tasks you want handled. The quotation should state the service fee, placement costs, retainer, supervision charges and any separate expenses.

Property management in Trinidad and Tobago · Landlord guides