. #1 is the primary reason, but #2 does factor in as well.

Because a large percentage of the charges are base fees that do not change based on use!

Do you have a setup fee?

We’re pleased to share that the tenant paid rent on the 3rd, just before late fees would have applied. 

Rich Young, Loughlin, Crest, etc.Commercial brokers typically do not charge fees for tenant/buyer representation but find a way to take their fees out of the deal.

They remain whatever the original borrower has.When you use typical financing from a lender, you have the lender's hoops to jump through and loan origination fees, the appraisal has to come in at a certain number, oftentimes an inspection or appraisal will kill a deal. 

Paying ~12% of the loan in fees/closing costs is quite high.

We also have a firm policy, always enforce late fees and deliver a notice to pay or vacate on the 6th.

That fee is based on the amount of work completed but is somewhere between $150-$400 typically.As far as the 10% fee charged during the first month that we lease a property, you are correct that is a part of our fee structure. 

I’m talking about getting thorough with expense estimates, factoring in property taxes, insurance, and a cushion for maintenance.