Frequently Asked Questions

Frequently Asked Questions

Q. What is your fee and what is it based on?

A. Our fee is based on the property location, number of units to be management, as well as general upkeep requirements (the amount of time we feel will be needed to effectively manage the property). Generally the fee is between 4% and 12% of the property’s gross potential income.

Q. What do I have to do as the owner once I contract with you to manage my property?

A. The best part about working with MADDALONE & ASSOCIATES Inc., is that there is not much you will need to handle. Pay your mortgage, taxes, common utility bills, and insurance, and collect the rental proceeds from us each month!

Q. How do I pay your fee?

A. We are paid by your tenants, through their rental payments each month. We collect their rent, deduct our fee & the cost of additional services provided (if any), and then send you a check for the proceeds.

Q. Would you consider buying our property?

A. We often buy property to add to our inventory of rental units. If we should choose not to buy yours, we would be happy to list your property on the Capital Region Multiple Listing service, and yes, we can even help you find another investment property! We have a number of investors that we work with everyday to locate new investments to add to their portfolios.

Please feel free to call our management office at 518-346-8600 Mon-Fri 9am-5pm for more information, or REQUEST A QUOTE.