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17 October 2024 | 21 replies
I think I'll just pay some sort of consultation fee and have a engineer or architect review them and make any necessary corrections.
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15 October 2024 | 40 replies
You might need to get the lender's clearance or pay off the current mortgage in order to accomplish this.Annual Fees: There are expenses associated with running an LLC every year, including possible franchise taxes and state filing fees.
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15 October 2024 | 5 replies
Cash Purchase Price: $43k, Renovation & other fees: $66k, Estimated closing: $13k.
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14 October 2024 | 7 replies
Under F.S. 83.595, landlords have 4 options when a tenant terminates early, one of which includes charging the tenant an early termination fee (no more than 2 months' rent), but if your lease agreement does not provide for liquidated damages upon a tenant's early termination, you have only 3 options as a landlord.
15 October 2024 | 69 replies
Either the LP will pay a fee for private advice, or the GP will pay to get in front of potential investors.
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15 October 2024 | 7 replies
For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.
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10 October 2024 | 1 reply
My journey into real estate began with a fascination for property markets and a desire to create impactful investments.Currently, I'm eagerly scouting for opportunities in real estate, aiming to leverage my knowledge and network to uncover hidden gems and lucrative deals.I thrive on collaboration and believe in the power of partnerships.
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14 October 2024 | 12 replies
I didn’t paid the 10% penalty fee.
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15 October 2024 | 12 replies
The appraisal costs on something like that would be pretty high as well.If you go the single asset route, you might get a nice little discount on fees by doing multiple at once.
13 October 2024 | 9 replies
Some states also require an annual license fee to own and operate an LLC so that could also cause a potential for increased costs there as well.I would consult with a real estate attorney to see if an LLC makes sense from a legal standpoint and advise your accountant as to your decision so the appropriate tax filings can be made.