Louisville MSD just increased rates 7% again and this year we are averaging $700/month between water+sewer bill which has basically bankrupt the association as all prior years were budgeted for half of this.

Therefore, that fee is there to make sure that they are getting the job done the first time.Anyone who is saying that they can do a great PM job and won't charge you anything besides the monthly fee, is most likely going to fail out of the business because they won't make enough to stay in business, hire and grow.It is very important to understand all the fees associated with a PM, but I encourage you and your friend to not shy away from a company right away if you see they have fees on other things other than a monthly cut.

I think Cleveland might be in the same situation to some degree. 

Hello, I would urge you to check out property management companies associated with NARPM.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

The National Association of REALTORS® (NAR) just dropped some numbers, and guess what?

Just got off the phone with one of their associates and at first I was not told about the upfront cost.

Hello all, I am a home health physical therapist, and I am on my way to earning a degree in healthcare administration.

Every extortion attempt I have experienced in Baja has happened North of Ensenada.Beyond Ensenada are cool things like wineries (I do not drink wine), La Bufadora and its blow hole, great little fishing villages, Gurerro Negro and Scammons Lagoon (best whale watching on earth), San Pedro Martir (least visited forest region within a day of San Diego and has the twin Picacho del Diablo peaks and the national observatory), numerous Missions in various degrees of condition, hot springs, party towns (San Felipe), surf towns, snorkel/diving (anywhere in Sea of Cortex in Baja Sur), Sand Dunes (Baja races), etc.My worse theft south of Ensenada has been some bottled water.So the question is why Rosarito? 

I understand that the duplex is a "business activity" but you own it personally so the financial accounts associated with it should be personal accounts.