Your Property, MANAGED.®

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Property Management Pricing For Rhode Island

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We offer a fair and straightforward pricing model with no hidden fees or unexpected charges to all property owners in Rhode Island & Massachusetts.  Most property management companies have no fee schedule on their sites or advertisements; this is a bad sign for individuals when the price can’t be posted for all to see. That can only mean one thing, it’s not the same price for everyone. Here at Nexus everyone is treated fairly so the cost is displayed for all to see beforehand.

Nexus Property Management® has worked to establish a pricing model that is fair and affordable for investors and homeowners alike. We accomplish this while maintaining the highest level of service. We don’t believe in nickel and dime charges like “set up fee”, “administrative fee”, “lease generation fee”.  If your property management company doesn't welcome your business and charges you to get started then you need to come to Nexus. If they tack on extra fees simply for doing the job they are suppose to or they charge you to press print and take a lease out of the printer. You need to come to Nexus.

Management Fees: are calculated on a graduated scale according to the rent amount for single family homes or condos. Management fees for multiple family homes or apartment buildings are calculated on a 3 tier scale according to the number of units paying rent.

  • Single Family:
    • Rent amount less than or equal to $850/month - 10% of collected rent
    • Rent amount from $851/month to $1200/month - 9% of collected rent
    • Rent amount greater than $1201/month - 8% of collected rent
    • If one owner places multiple single family homes under our management they will receive multifamily pricing. Total number of homes will determine management fee.
  • Multi-Family/Apartment Buildings:
    • 6 units or less - 8% of collected rent
    • 7 - 35 units - 7% of collected rent
    • 36 or more units - 6% of collected rent
  • RErental Service: is 50% of 1st month’s rent or $495 whichever is greater. Once an OWNER approved tenant is placed.
    • NEW TENANT GUARANTEE
    • If a tenant we place for any reason leaves the unit in the first 90 days we will market your property and place a new tenant for free!
      • We Do Not charge a “set up fee”
      • We Do Not keep late charges
      • We Do Not charge “lease renewal fees”
    • We only benefit when our owners and tenants benefit. We don't charge “vacancy fees” .  We believe our clients are team members. Therefore we benefit together when properties are performing well and do our best to help them get back on track when they are vacant. Nexus Property Management® will work hard to bring the best return and maximum efficiency to all of our clients real estate. Our goal is to bring the cost of property management to zero, by raising income and equity for each property beyond where it was before Nexus Property Management® took over.
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Nexus Feedback

I am reviewing as a rental property owner. I started a relationship with Nexus Property Management with 1 rental property and I am currently at 9 units and climbing. I am an out of state owner and there is no way I could feel comfortable about the care of my rental properties if it weren't for all of the professional people at Nexus Property Management. They cover everything: investment property purchases, management, leasing, and maintenance. And almost all correspondence, bills, money contributions, and maintenance requests can be made through their online Nexus Portal. Having Nexus property Management managing my properties takes all the worries out of rental property ownership. And the time I save allows me to focus on other investment opportunities and that, helps me buy more investment rental property!

25 Jan 2014

Nexus Property Management is one of the best management companies we have had the pleasure of doing evictions for. We are RI State Constable Service one of the biggest constable services in RI and we highly recommend you let them manage your property. They do an excellent job and we are happy to be associated with them going on close to 4 years now. Most management companies try to tell us how to do our job this is one of a very few companies that understand we all have a job to do and we know they are experts in theirs and they respect our instructions from the court and usually with them evictions flow easily as they set the ground work properly and protect the landlords quickly and move fast to get your property rented. They return calls, texts, and emails quickly and respond even when most companies would not. They also have e-payments set up with their vendors and their tenants which makes it easy to get paid for you and for us. We have met most of the staff of the company and they are all very respectful and professional and care about your needs as a landlord. If you would require further reference please contact us and we would be happy to answer any questions. We have over 100 landlords/management companies that we provide our service for and they are among the TOP Mike and Deb Clemente RI State Constable Service

23 Nov 2015

05 Jul 2018

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