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.
| Fee | Amount | Notes |
|---|---|---|
| Management Fee | 10% of Rents Collected (max $150/mo) | Monthly fee for ongoing property management services. |
| Leasing Fee | 100% of First Month's Rent ($950 min · $2,300 max) | Charged when a new tenant is placed. |
| Renewal Fee | $350 | Charged 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 tenant | One-time fee to onboard tenants already in place when a new management account is created. |
| Coordination Fee | 10% mark-up | Applied 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 | $75 | Charged for coordination with third-party home warranty companies and their assigned contractors. |
| Repairs Approval Limit | Up 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 | $450 | Applies only to existing tenants who do not have a valid lease or require a new lease as requested by the Owner. |
| Sales Commission | 6% of sale price | Applies if the Owner sells a property to a tenant or related party of a tenant that STL Property Managers LLC placed. |
| Document Retention Fee | $250 | Charged at termination of the management agreement to cover costs to retain records for up to 7 years. |
| Additional Services – Property Manager / Staff | $100/hr | Charged for custom reporting or document creation outside the scope of normal operations. |
| Additional Services – Broker | $250/hr | Charged for custom reporting or document creation outside the scope of normal operations. |
| Multiple Quotes | $150 | Charged when the Owner requires STL Property Managers LLC to obtain multiple quotes for an individual job. |
| Owner Rent-Ready Inspection | $150 | Final 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 | $350 | Charged when the Owner requests early lease termination and the tenant agrees. |
| On-Demand Property Inspection with Report | $110 | Full 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 door | Cost to re-key or replace locks to STL Property Managers LLC master key system. |
| Vacant Property Winterization | $95 | Winterization 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.
| Fee | Amount | Notes |
|---|---|---|
| Application Fee | $65 | Charged 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 | $75 | Charged when rent is not received by the 5th of the month. |
| Return Check Fee | $65 | Charged when a payment is returned by the tenant's bank due to a closed account or stop payment. |
| Non-Sufficient Funds (NSF) Fee | $65 | Charged when a payment is returned due to insufficient funds in the tenant's account. |
| Lease Origination Fee | Disclosed prior to application | One-time fee charged to the tenant at lease signing. Amount is fully disclosed to the tenant before they apply. |
| Online Convenience Fee | $7.50/mo | Covers the cost of the online tenant portal, electronic payment processing (ACH, credit/debit cards), and related software. |
| Tenant Insurance | Varies | Required 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 | $300 | Charged when a tenant requests a mid-lease change requiring a formal written amendment to the existing lease. |
| After Hours Service Fee | $75/hr | Charged for non-emergency tenant requests handled outside of normal business hours. |
Items Billable to Tenant but Collected from Owner
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.
| Fee | Amount | Notes |
|---|---|---|
| Eviction (Rent & Possession) Filing & Service | $700 | Includes filing, service, and trial cost if needed. |
| Additional Attorney Fees | Cost + 10% Coordination Fee | Eviction-related or otherwise. |
| STL Property Managers LLC Appearance at Eviction Trial | $200 | Per appearance. |
| STL Property Managers LLC Appearance at Non-Eviction Trial | $150/hr | Per hour. |
| Eviction Sheriff Service | $95 | If sheriff service is required. |
| Tenant Notification via U.S.P.S. | $5.00 | e.g. late letter sent via standard mail. |
| Tenant Notification via Electronic Notice | FREE | e.g. email notification. |
| Tenant Notification via Certified Mail | $20.00 | Per certified mail notice. |
| Formal Tenant Payment Plan Agreement Negotiation | $75 | Charged when STL Property Managers LLC negotiates and formalizes a payment plan agreement with a tenant. |
| Door Postings | $50.00 | e.g. abandonment notice, pay or quit, eviction notice, etc. One door posting is included in the Eviction Protection Warranty program. |
| Fines | Cost + 10% Coordination Fee | If 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.
| Fee | Amount | Notes |
|---|---|---|
| Filter Delivery Service | Varies | Services 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.