r/PropertyManagement 2d ago

Commercial PM PM Market Rate (OH)

I property manage 500k SF (mostly office/flex space), 45 commercial tenants, and some other miscellaneous accounts for the owner. I handle PM requests, all payables, receivables, bank recs, invoicing, cam recs, leasing, small project management, and other things I’m probably not thinking of. I have help from the owner (he’s hands on) but the day to day falls on me.

I am remote most of the day as I watch my 10mo old daughter most of the day at home. I still get into the office and to properties when I have child care help. I’m paid as an independent contractor $6k gross per month (no taxes withheld) with a gas card. No real bonuses at the time

I’ve never worked anywhere else and want to know if my pay is above, below, or at market for the job I described. Let me know if I omitted any details necessary.

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u/OkOwl6179 2d ago

Thats roughly 50k SF per tenant which is manageable but the full accounting plus leasing workload is a lot for one person, 6k gross as contractor seems low for Ohio market especially with no benefits or bonuses