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Property Management Fees in Rochester, NY
19 January 2025 | 1 reply
Type Line Item Fee Fixed Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $600 Variable Fees Business Hour Service Calls $90/hour + Materials Cost + Tax After Hour Service Calls $120/hour + Materials Cost + Tax 3rd Party Coordination HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Negotiated Vendor Cost + 10% Oversight Fee
Nina Erlandson
Has anyone used Obie Insurance?
28 January 2025 | 56 replies
So I would caution everyone to make sure the replacement cost for your improvements will realistically cover your actual replacement cost in the event of a total loss.
Matt Huber
AstroBlaster - anybody use this?
20 January 2025 | 15 replies
Do you feel like it has enhanced the productivity of your assistants to a magnitude that's worth the cost?
Ryan Bono
Self Storage Conversion
22 January 2025 | 7 replies
Hey @Jaycee Greene someone on our team handles the acquisition and lending/banking portion, we only do the monthly bank draws for construction costs!
Ken M.
Are Rents Softening
29 January 2025 | 5 replies
But, these broad market studies are so large, they are almost meaningless, in the real world.Between glut of new supply in many "hot" markets coming online, a continually softening economic outlook, inflation over last couple years making day to day items feel cost prohibitive, many average renters are strapped and seeking lower cost housing.
John K Smith
Property Management Fees in Rochester, NY
19 January 2025 | 2 replies
Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee
Adam Newman
10% down or 20% down???
23 January 2025 | 10 replies
Or if you want a lower monthly payment, then do the 20% down.You can also negotiate credits with the sellers to use towards your closing costs or rate buy down.
Dylan Gomez
Inherited a property and remodeled it now its ready to sell
28 January 2025 | 11 replies
You should only be liable for tax on any appreciation since you inherited the rental (minus the cost of your improvements).
Anthony Kolbusz
How to get started?
21 January 2025 | 4 replies
Rehab cost overrun is where most BRRRR investors and flippers go wrong.
Ben Stavrowsky
Developing two units as STR's
16 January 2025 | 2 replies
When you took in the increased cost of the build how did you arrive at that percentage?