SueDonJ
Moderator
- Joined
- Jul 26, 2006
- Messages
- 16,701
- Reaction score
- 5,946
- Location
- Massachusetts and Hilton Head Island
- Resorts Owned
- Marriott Barony Beach and SurfWatch
Moderator Note: This was posted by Superchief in the MF's Sticky thread and is being copied here for discussion related to the questions raised.
2016 Operating Fee $765.38
2016 Reserve $338.64
2016 Property Tax 141.09
Total 1245.11
5.2% increase
Red Week $/point= $.59
Big increases: Owner service 16%, HR 12%, Mgmt fee 11%, Prop tax 19%
Since management fee is supposed to flat 10%, I don't understand how it can increase 11% while MF increased 5%.