Christopher Hu
First Rental Property listing questions
29 January 2025 | 5 replies
Because a large percentage of the charges are base fees that do not change based on use!
Mark J.
Family-Owned Portfolio Advice
1 February 2025 | 0 replies
Proposed Fee Structure- 10% management fee: Covers day-to-day, leasing, turnover, supervise on-site staff, etc..- Owner covers Payroll for at least four on-site staff including 2 maintenance techs and 2 community managers.- Extraordinary Maintenance: Our private Renovation Company handles major work, with rates at roughly 70% of market for cost-effective renovations, emergency mitigations and scaled improvements.
Alec Jacobs
What bank account should I use for my rental property?
29 January 2025 | 4 replies
@Alec Jacobs I have basic low/no fee business checking accounts.
Amamihe Nnodum
A year review of my second property purchase
24 January 2025 | 0 replies
Additionally, I wanted to begin using properties to pull equity to go towards buying more.
Darlene S.
Avantstay pros cons for an owner? Short Term Rental
24 January 2025 | 36 replies
Many guests are fed up with all the chores AirBnb hosts require of them while charging cleaning fee. https://www.buzzfeed.com/alexalisitza/checklist-fees-screens....
Jennifer Turner
How to modify terms of a seller-financed mortgage?
27 January 2025 | 10 replies
Our current mortgage terms include a late fee after 5 days, so they’re already paying extra each month and have to split the total monthly payment up between 2-3 payments when they get their pay check.
Kenneth Joseph Perfido
Creating LLC in a new state
29 January 2025 | 2 replies
If you no longer have business operations in the old state, forming a new LLC in the new state and dissolving the old one may simplify compliance and tax obligations.Some states impose franchise taxes and annual fees that could make one option more cost-effective than the other.
Mark J.
Family Management Company
1 February 2025 | 0 replies
Renovation Company: Completes most extraordinary repairs/renovations Proposed Fee Structure- 10% management fee- Owner covers payroll for four on-site staff (2 maintenance techs, 2 community managers) and maybe limited payroll for some of us who will be on-site full time as well?
Kathy Merkh
Finance International Group, LLC
24 January 2025 | 13 replies
Appraisal fees should go to the appraiser, not to the lender.Legitimate real estate lenders always use neutral title, escrow, and closing attorneys, as appropriate for your region.
Luis Herna
Can a Licensed Real Estate Agent out of state represent a buyer
22 January 2025 | 6 replies
Unfortunately, I don't think Texas has reciprocity with any other states.You can get a referral fee.