Straightforward pricing from a local team that manages 160+ units across Central Arkansas, including 75 owned by our founder. Every client’s property is managed to the same standard, so you always know what you are paying for and why.
What you pay
Monthly management fee
10% of monthly gross rent collected. We only earn this when your property is occupied and rent comes in, so our incentives line up with yours: keep good tenants in place and rent flowing.
Leasing and tenant placement
One half of one month’s rent, capped at $1,500. This covers marketing the property, professional listing and showings, background and credit screening, and lease preparation. You only pay it when we place a qualified tenant.
One-time setup
$250 per unit. This covers getting your property into our systems, the initial inspection, and onboarding any existing tenants.
Other charges, only if they apply
- Inspections (optional): $100 each, if you want additional inspections beyond the routine ones we already include.
- Section 8 setup: $250, if you rent to a voucher tenant.
- Evictions: you cover the eviction costs, plus $75 per hour for any in-person court appearance by our staff. We work hard to screen well so this rarely comes up.
What is included at no extra charge
- Rent collection and owner payouts by ACH by the 20th of each month, through AppFolio, with online access to your statements any time
- Monthly owner statements and year-end 1099s for your taxes
- Tenant communication and maintenance coordination
- Lease enforcement, legal notices, and handling the eviction process if it is ever needed
How reserves and maintenance work
We hold a small operating reserve in your account to cover routine costs without delay. Owners with fewer than five properties keep a $500 reserve per unit. Owners with five or more keep a flat $2,500 reserve. The reserve is your money, used for your property.
For repairs, we notify you before approving anything over $300, except for true emergencies like fire, flood, or an active leak, where we act fast to protect your property. All work is completed and billed through Chase Calhoun Real Estate, with a 15% coordination fee added to the cost of the work. That covers sourcing the vendor, scheduling, oversight, and standing behind the job. If a fee is not listed on this page, you will not be charged for it without talking to you first.
Why owners choose Chase Calhoun Real Estate
We are not a national chain running your property from a call center three states away. We are local investors who manage 160+ units here in Central Arkansas, and our founder trusts us with 75 of his own. You get the same hands-on management he does, the same systems, and the same standard.
See what your property should rent for
Before you commit to anything, get a clear picture of your numbers. Request a free rental analysis and we will show you what your property should rent for and exactly how we would manage it. Learn more about our property management services.
Full terms, including agreement length and termination, are spelled out in our property management agreement, which we will walk you through before you sign.
