Your $129/Month Doesn't Buy REIT Pricing đź’¸
In this monologue, property manager Peter Lohmann explains that the $129‑per‑month fee he charges does not entitle owners to industrial‑grade or REIT‑level pricing on repairs and services. He outlines three typical pricing tiers in the property‑management market: a high‑priced, private‑equity‑backed “rip‑off” tier; a fair, locally‑established “normal” tier; and an unrealistically low “Home Depot‑guy” tier. Lohmann positions his service in the middle tier, emphasizing that owners are not entitled to the savings they might achieve by negotiating individual work orders themselves. He stresses that his role is limited to property management—not financial advising or personal friendship—and that any expectations beyond the contract, such as demanding REIT pricing, are outside the scope of his services.
