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 181 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

This is from a vendor's perspective, since I do the programming for Nexus' back office service invoice system. This means having the team members write up invoices online for what they do for Nexus' customers (Landlords) and how the team members get paid and how the customers are billed. In working for Nick and Greg for several years, I am impressed by their ability to formulate their requirements clearly, and also, since I constantly review how my stuff is working and therefore read tons of detailed invoices, how straightforward their communication with their customers is. As I said once in an email to them, I like working for these guys, and for their team members.

17 Jun 2020

Thanks to Leo I'm in my new place and loving it he was helpful every step of the way and answered any questions I had I recommend this agency to anyone looking for a place just wen I was ready to give up I found them thanks a lot keep up the good work

27 Jul 2016

They “manage” an apartment building on my street and do a very poor job. Grass a foot tall and bushes are so overgrown the sidewalk is impassible

03 Aug 2020
Response from the owner:

Hello Mason, feel free to reach out to us directly to let us know which property you are speaking of. We do not have any record of any tenant or owner in our system with your name. Thank you

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