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2 February 2025 | 10 replies
@Krystal Stone I would be sure to check and see how many clients (youth) they are planning to house at one time.
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21 February 2025 | 3 replies
It depends on the loan program as there are different guidelines (for example, DSCR, FHA, VA, conventional).
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15 February 2025 | 14 replies
Unfortunately, while there are other methods to acquire investment properties, the reality is you need cash and reserves to plan and set up your investment portfolio accordingly.
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17 February 2025 | 0 replies
Or what programs can anyone suggest that would be best for this scenario.
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13 February 2025 | 13 replies
To help expedite the rental unit approval/inspection, you can also talk with your local housing provider that runs the Sec 8 program what basic items they look for and make sure you have those covered.
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22 February 2025 | 9 replies
Management & Leasing FeesManagement Fee: 10% of the monthly rent = $180/monthLeasing Fee (Tenant Placement): 60% of one month’s rent = $1,080 (one-time)Lease Renewal Fee: $250 per lease renewalUpfront & Annual FeesOnboarding Fee: $350 (one-time for setting up the property)Annual Administrative Fee: $45 per year (for statements and 1099s)Reserve Fund Requirement: $300 (held for maintenance and expenses)Maintenance & RepairsOrdinary Maintenance: Any repair costs exceeding $300 require owner approval.Emergency Repairs: Up to $300 without prior approval; HVAC, plumbing, and electrical repairs can go up to $500 without approval.Home Warranty Claim Handling: $40 per claim (if applicable).Multiple Quotes Request Fee: $100 per request if you require multiple vendor quotes.HVAC Filter Supply Fee: $195 per year per HVAC unit.Repairs & Improvements: 10% markup over vendor invoice cost.Additional FeesInterest on Unpaid Sums: 10% late fee with a $39 minimum per month.Paper Check Administrative Fee: $20 per check if not using direct deposit.Insurance Documentation Penalty: $40 per month if proof of insurance is not provided.Eviction Protection Program (Optional): $15/monthProperty Damage Protection Program (Optional): $25/monthTermination FeesEarly Termination Fee: Equal to the management fees for the remaining lease term.Vacant Property Termination Fee: $500 if no tenant is in place.Transfer to Another Manager: $500 file transfer fee.
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13 February 2025 | 5 replies
I am not familiar with this exact DPA program.
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18 February 2025 | 7 replies
Currently using Batch leads which maxes me out at 1,000 texts a day, does anybody out there have a program that they recommend that is affordable and allow me to increase my volume of texts per day?
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20 January 2025 | 6 replies
@Pixel Rogue everyone has different future plans - many though haven't thought that far ahead!
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21 February 2025 | 0 replies
However, after participating in the City's lead water replacement program, I was informed that I had been underbilled.