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18 November 2024 | 13 replies
- Suggest you speak with one about their fees, but also about their thoughts on the market.- Do NOT speak to a PMC that can't PROVE they also manage STRs.
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14 November 2024 | 1 reply
I guess the purpose for this is to help fund community improvements and maintenance though it's a bit unusual since HOA fees and property taxes typically cover these.
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14 November 2024 | 8 replies
Because we don't refund application fees.
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14 November 2024 | 2 replies
Typically, HUD charges a daily fee for extensions, which varies depending on the property type and the number of extensions requested.To request an extension, contact your HUD representative or the Asset Manager handling the sale.
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15 November 2024 | 15 replies
I never cared what they are making as the assignment fee, as long as I knew the numbers worked on my end.As for a purchase & rehab lender that will finance up to 100% of the wholesaler's assignment fee - I can introduce you to one that finances that and also 100% of the purchase & rehab up to 65-75% of the ARV.As a lender I sometimes receive off-market properties from wholesalers and other sources and share them to our borrowers if they fit what they are seeking.
15 November 2024 | 5 replies
Is there a no win / no fee type of service I should be searching for?
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17 November 2024 | 6 replies
It's a way to generate more money upfront for them, on top of all of the other fees, and the overall change in payment is usually pretty negligible.
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15 November 2024 | 18 replies
In Cleveland, it is industry standard to pay a 10% property management fee.
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15 November 2024 | 10 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
14 November 2024 | 20 replies
The only thing in our agreement about marking up bills is that they may add a surcharge on larger projects (several thousand dollars) as a coordination fee.