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17 April 2024 | 17 replies
Are they month to month or on any yearly leaseIf it’s month to month follow the lease and let them know you are not renewing
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18 April 2024 | 33 replies
But they are phasing out the fees to renew that license, and I believe that in 2014 there is no fee for this!
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17 April 2024 | 16 replies
So my question is do I offer them a renewal without raising rents?
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18 April 2024 | 12 replies
More details/example fees: Management Fee: 10% of gross rent collected, $50 minimum per unit.Leasing: One full month’s rent upon execution of a leaseOther: 10% will be added to each invoice for any repairs, maintenance, improvements, landscaping, and snowremoval for the Property 50% of late fees collected $50 lease Renewal Fee $50 per utility turn on $25 posting 3 day notice $100 per court appearance witness fee $50 tenant removal with bailiff or police $50 to meet inspectors for housing voucher programs, occupancy certifications, and/or POS or rentalinspections Broker may charge to offset Broker expenses for postage, key copies and other misc. expenses $100 set up fee $120 annual consortium fee ($60 March 1st, $60 Sept 1St)Given all this, how do I input it when I'm making calculations for a potential investment (do I put this in as >10% like 12%, 15% or 20%?
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16 April 2024 | 18 replies
I agree with Bill, our Farmers umbrella policy was non-renewed in June of 2023 for being over 10 rentals and we switched to USLI.
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15 April 2024 | 2 replies
She had 10 year lease before and I renewed on with her with only a minor increase because she was struggling to get by.
16 April 2024 | 8 replies
Literally any closing attorney you know will take care of this for you for $150 bucks (I know, because I do this for my clients).Step 4, If you will be self-managing, get 3 documents ready to go: a lease, a deficiency notice, and a non-renewal letter.
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15 April 2024 | 1 reply
In New Jersey, since the state is guaranteed renewal and most municipalities max out how much you can raise their rent, it's imperative that landlords raise their rents every single year.
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15 April 2024 | 4 replies
The cosigner refused to pay, I had to renew the judgement, but he finally wanted to refi his home and had to pay me plus interest for all those years to refi his home.
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15 April 2024 | 5 replies
they screen the tenant for income eligibility and require a physical inspection of the property before tenant moves in and on a yearly basis for renewals.