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Why Elskyte Property Management Performance Based Pricing Works for NYC Landlords

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Elskyte’s performance-based model is built for small NYC landlords. Here’s why this pricing structure is fair, simple, and owner-friendly.


Introduction


Most NYC property management companies charge a flat percentage every month—even if rent isn’t collected. But many small landlords in Brooklyn and Queens want a model that feels fair and aligned with their success.


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That’s why Elskyte uses performance-based pricing. You only pay the percentage when rent is actually collected, plus a small monthly base. Here’s why this works so well for NYC owners.


1. You Don’t Pay for Uncollected Rent


If a tenant doesn’t pay, you don’t get charged the percentage. This makes the system fair and protects your cash flow.


2. It Motivates Us to Perform


Because we only earn the percentage when rent comes in, we are focused on:

  • Strong tenant screening

  • Consistent rent reminders

  • Fast issue resolution

  • Proper lease enforcement

  • Clear communication


Our success is tied to yours.


3. The Monthly Base Covers the Essentials


NYC buildings require:

  • Repair coordination

  • Tenant requests

  • Compliance checks

  • Vendor management

  • Regular updates

  • Leasing help


The small monthly base covers these ongoing services without surprises.


4. It’s Simple and Easy to Understand


No complicated fees. No hidden charges. No confusing add-ons.

Just:

  • One small monthly base

  • A percentage only when rent is collected

That’s it.


5. Perfect for Small Buildings and New Investors


Owners of:

  • 1–4 family homes

  • Basement rentals

  • 3–6 unit walk-ups

  • Small multifamily buildings


…love this model because it keeps costs predictable and encourages long-term stability.


6. Better Screening = Better Rent Collection


Because our pay depends on collected rent, we screen:

  • Income

  • Employment

  • Credit patterns

  • Rental history

  • References

  • Background


Fewer problems mean steadier income.


Conclusion


Elskyte’s performance-based model gives NYC landlords a fair, simple, and results-driven way to manage their property. When you succeed, we succeed—making the relationship stronger and more transparent.


Want to learn how performance-based management can help your building?

📱Follow us on Instagram: @ElskytePM

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