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Updated over 1 year ago on . Most recent reply

Rick Wiedenhoeft's profile image
Rick Wiedenhoeft's profile image
Rick Wiedenhoeft
  • Real Estate Agent
  • from Melbourne, FL
  • Member since Nov 27, 2015
  • Posts 29
  • Votes 21
  • Experience 23 Yrs
  • Investments 4
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User Stats

29
Posts
21
Votes
Rick Wiedenhoeft's profile image
Rick Wiedenhoeft's profile image
Rick Wiedenhoeft
  • Real Estate Agent
  • from Melbourne, FL
  • Member since Nov 27, 2015
  • Posts 29
  • Votes 21
  • Experience 23 Yrs
  • Investments 4
Connect
Rick Wiedenhoeft
  • Real Estate Agent
  • Melbourne, FL
21
Votes |
29
Posts
Medium-Term Rentals

Rental Arbitrage Mgmt fees are KILLING me! How do you reduce them?

Rick Wiedenhoeft
  • Real Estate Agent
  • Melbourne, FL
Posted

Looking at rental arbitrage in Melbourne, FL. Favorite community charges monthly rent + "lifestyle fee" $29 + Pet fee $25 + Trash and pest fee $18, then we pay electric, water and wifi. Fees charged for EACH new tenant on a one-time basis: $300 PER PET, $80 pet "dna" fee, $25 criminal background. If you are renting arbitrage to mid-term tenants, how do you avoid these fees on a per-tenant basis?? Are we missing something??

Orlando, Florida
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Kerry Baird's profile image
Kerry Baird's profile image
Kerry Baird
  • Rental Property Investor
  • from Melbourne, FL
  • Member since May 5, 2011
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3,795
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Kerry Baird's profile image
Kerry Baird's profile image
Kerry Baird
  • Rental Property Investor
  • from Melbourne, FL
  • Member since May 5, 2011
Connect
Kerry Baird
  • Rental Property Investor
  • Melbourne, FL
2,619
Votes |
3,795
Posts
Kerry Baird
  • Rental Property Investor
  • Melbourne, FL
Replied

Don’t buy (rental arbitrage) in that community. 

2 Votes
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