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All Costs Associated with Property Management

A complete disclosure of all fees charged by STL Property Managers LLC to owners and tenants.

Owner Fees

Fees charged to property owners as part of management services.

FeeAmountNotes
Management Fee10% of Rents Collected (max $150/mo)Monthly fee for ongoing property management services.
Leasing Fee100% of First Month's Rent ($950 min · $2,300 max)Charged when a new tenant is placed.
Renewal Fee$350Charged for each year of lease renewal.
HUD Leasing Fee$150 (additional)Additional fee applied when leasing to HUD/Section 8 tenants.
HUD Renewal Fee$150 (additional, per renewal period)Additional fee applied at each HUD/Section 8 lease renewal.
Existing Tenant Onboarding Fee$300 per existing tenantOne-time fee to onboard tenants already in place when a new management account is created.
Coordination Fee10% mark-upApplied to all payments made by STL Property Managers LLC to maintenance contractors, utility companies, material vendors (e.g. Home Depot), lawn care companies, or any third-party vendor paid on behalf of the property owner.
Home Warranty Coordination Fee$75Charged for coordination with third-party home warranty companies and their assigned contractors.
Repairs Approval LimitUp to $500 (owner approval required above)STL Property Managers LLC may authorize repair work up to $500 without prior owner approval. This limit is waived in the case of emergencies.
New or Corrected Lease for Existing Tenant$450Applies only to existing tenants who do not have a valid lease or require a new lease as requested by the Owner.
Sales Commission6% of sale priceApplies if the Owner sells a property to a tenant or related party of a tenant that STL Property Managers LLC placed.
Document Retention Fee$250Charged at termination of the management agreement to cover costs to retain records for up to 7 years.
Additional Services – Property Manager / Staff$100/hrCharged for custom reporting or document creation outside the scope of normal operations.
Additional Services – Broker$250/hrCharged for custom reporting or document creation outside the scope of normal operations.
Multiple Quotes$150Charged when the Owner requires STL Property Managers LLC to obtain multiple quotes for an individual job.
Owner Rent-Ready Inspection$150Final inspection of work prior to ordering occupancy inspections, applicable when the Owner chooses to perform their own make-ready work or uses their own contractors to prepare a vacant property for rent.
Early Lease Termination$350Charged when the Owner requests early lease termination and the tenant agrees.
On-Demand Property Inspection with Report$110Full property inspection with written report and photos, performed on request. This is the same inspection included in the Preventative Maintenance bi-annual program.
Lock Change to STL Property Managers Master Locks$95 per doorCost to re-key or replace locks to STL Property Managers LLC master key system.
Vacant Property Winterization$95Winterization service for vacant properties to prevent freeze damage.

Tenant Fees

Fees charged to tenants. Unless noted, 100% of these fees are retained by STL Property Managers LLC.

FeeAmountNotes
Application Fee$65Charged per applicant to cover the cost of background, credit, and rental history screening.
Pet Fees$35 – $95/mo (depending on pet type)Monthly fee based on pet type. Covers additional risk, wear, and coordination associated with pet-friendly tenancies.
Late Fee$75Charged when rent is not received by the 5th of the month.
Return Check Fee$65Charged when a payment is returned by the tenant's bank due to a closed account or stop payment.
Non-Sufficient Funds (NSF) Fee$65Charged when a payment is returned due to insufficient funds in the tenant's account.
Lease Origination FeeDisclosed prior to applicationOne-time fee charged to the tenant at lease signing. Amount is fully disclosed to the tenant before they apply.
Online Convenience Fee$7.50/moCovers the cost of the online tenant portal, electronic payment processing (ACH, credit/debit cards), and related software.
Tenant InsuranceVariesRequired renter's insurance fee paid to a third-party provider. Any excess funds above the provider's cost are retained by STL Property Managers LLC.
Lease Amendment Fee$300Charged when a tenant requests a mid-lease change requiring a formal written amendment to the existing lease.
After Hours Service Fee$75/hrCharged for non-emergency tenant requests handled outside of normal business hours.

Items Billable to Tenant but Collected from Owner

Owner is initially responsible — tenant reimbursement may apply

These costs are ultimately the tenant's responsibility but are initially collected from the owner. Where the tenant is at fault, the owner will be reimbursed from tenant proceeds.

FeeAmountNotes
Eviction (Rent & Possession) Filing & Service$700Includes filing, service, and trial cost if needed.
Additional Attorney FeesCost + 10% Coordination FeeEviction-related or otherwise.
STL Property Managers LLC Appearance at Eviction Trial$200Per appearance.
STL Property Managers LLC Appearance at Non-Eviction Trial$150/hrPer hour.
Eviction Sheriff Service$95If sheriff service is required.
Tenant Notification via U.S.P.S.$5.00e.g. late letter sent via standard mail.
Tenant Notification via Electronic NoticeFREEe.g. email notification.
Tenant Notification via Certified Mail$20.00Per certified mail notice.
Formal Tenant Payment Plan Agreement Negotiation$75Charged when STL Property Managers LLC negotiates and formalizes a payment plan agreement with a tenant.
Door Postings$50.00e.g. abandonment notice, pay or quit, eviction notice, etc. One door posting is included in the Eviction Protection Warranty program.
FinesCost + 10% Coordination FeeIf the fine is tenant-caused, it will be billed to the tenant; however, the owner is ultimately responsible for the cost.

Optional & Future Services

Services that may be offered now or in the future.

FeeAmountNotes
Filter Delivery ServiceVariesServices such as Second Nature may deliver furnace filter replacements. Fees may be charged to the tenant or the owner. STL Property Managers LLC is not currently participating in this service but reserves the right to do so in the future. Owners and/or tenants will be notified to opt-in if this service is introduced, and it may become mandatory for future tenants.

This fee schedule is provided for transparency purposes. Fees are subject to change with appropriate notice as required by your management agreement. For questions, contact us at info@stlpropertymanagers.com or (314)-332-3116.