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Who manages the property?
Updated over a week ago

Each property will have an assigned facility manager. All facility managers are reviewed by SmartCrowd and disclosed in the investment offering on the platform.

The investment vehicle will enter into a management agreement via SmartCrowd in its capacity as the administrator of the investment vehicle, which will assign property management to the selected facility manager.

Facility management fees are typically 5% (for long-term rentals) and 18.75% (for short-term rentals) of the gross rent deducted from the rental income. These charges include advertising, managing the property, collecting rent, managing tenants, and working with RERA for any issues. This charge excludes VAT, legal expenses, and certain costs, such as standard maintenance charges and any repair and maintenance expenses.

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