How much do bookkeepers charge for a Property Management Business?
The cost of bookkeeping services for a Property Management Business can vary widely depending on several factors, including the size and complexity of the business, the volume of transactions, and the specific services required. On average, bookkeepers typically charge between $20 to $50 per hour for their services. However, for property management businesses, which often involve a significant number of financial transactions, the cost can be higher, ranging from $50 to $100 per hour.
Download Our Free Brochure →Some property management businesses may also opt for monthly retainer arrangements, which can range from $200 to $1,000 or more per month, depending on the scope of services. Bookkeeping services for property management businesses usually include tasks like rent collection, expense tracking, financial reporting, and reconciliation of property-related accounts. It’s essential to discuss your specific needs with potential bookkeepers to get accurate pricing estimates tailored to your Property Management Business’s requirements.
