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Royal Palms MF's Discussion

SueDonJ

SueDonJ

Moderator
Joined
Jul 26, 2006
Messages
16,319
Reaction score
5,366
Points
1,249
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%.
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