Fortune Vine Realty charges 5% of collected rent for property management in Cincinnati and Northern Kentucky, with no onboarding fees, no renewal fees, and no markups on maintenance or materials. You only pay the monthly fee when rent is actually collected.
Monthly management fee: 5% of rent collected
New lease / tenant placement fee: one month's rent
Lease renewal fee: $0 (no fee)
Onboarding / setup fee: $0 (no fee)
Maintenance and materials markup: none
Contract terms: flexible, cancel with 30 days' notice from either party
Our monthly fee is based on rent we actually collect, not the rent listed on the lease. If your property is vacant or a tenant doesn't pay, you don't pay the management fee for that month. That keeps our incentives aligned with yours: we earn when you earn.
Many property managers charge a fee every time a tenant renews their lease. We don't. Keeping a good tenant in place is the best outcome for you, and we don't think you should pay extra for it. The longer your tenants stay, the less you pay overall.
Some management companies add 10% or more on top of every repair bill. We don't mark up labor, vendor invoices, or materials. Because we have our own construction team, many repairs, turnovers, and rehabs are handled in-house, which usually means faster work and lower costs.
Our management agreement can be ended by either party with 30 days' notice. No cancellation penalties, no long-term commitment. We'd rather keep your business by doing a good job.
For a single-family home renting at $1,500 per month:
Monthly management fee: 5% of $1,500 = $75 per month
Placing a new tenant: $1,500 (one-time, one month's rent)
Tenant renews the next year: $0
Onboarding: $0
How much does property management cost in Cincinnati?
Fortune Vine Realty charges 5% of collected rent, plus one month's rent when we place a new tenant. There are no onboarding fees, renewal fees, or maintenance markups.
Do you charge a fee when a tenant renews?
No. Lease renewals are free.
Is there a setup or onboarding fee?
No. There's no charge to bring your property on with us.
Do you mark up repairs?
No. You pay the actual cost of labor and materials with no markup.
Can I cancel my management agreement?
Yes. Either party can end the agreement with 30 days' notice.
What areas do you serve?
Greater Cincinnati and Northern Kentucky. We're a licensed real estate brokerage in both Ohio and Kentucky.
What types of properties do you manage?
Single-family homes, duplexes, triplexes, quadplexes, condos, multifamily buildings, short-term rentals, and commercial properties. We also work with Section 8 and other city rental programs.
Call 513-855-8444 or contact us to find out what your property could rent for and how we can manage it.