u/Adept_Dragonfly8039

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[ Removed by Reddit on account of violating the content policy. ]

Ran the numbers on my PM recently and it didn't add up. Paying 6% of rent for what's basically — forwarding maintenance requests, chasing late rent, sending lease renewal notices.
Not nothing, but not $2k/year per property either.
Ended up keeping my PM for tenant placement and inspections (the stuff that actually needs a human) and automating the rest. Tenant comms, maintenance tracking, rent reminders — all the repetitive admin that was eating my evenings.
Genuinely curious if anyone else has broken down what their PM fee actually covers vs what you could handle yourself. Feel like the industry banks on landlords not doing that calculation.

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I've got a couple of rentals and I'm paying my PM about $150/month per property. Most of what they do is send me an email when rent's late and forward maintenance requests.
Started looking into whether AI could handle the basics — tenant comms, maintenance coordination, rent tracking, lease reminders. Built something that does exactly that for $45/month flat.
Not trying to sell anyone, genuinely curious — would other landlords here consider ditching their PM if the day-to-day stuff was automated? Or is the "human touch" worth the 5-8% fees?
Happy to share what I built if anyone's interested: