
25 February 2025 | 4 replies
Any screening service that works for long term rentals works just as well for MTR.I do my analysis my checking comps on Airbnb and using Pricelabs market data tools.Let me know what else I can help with!

28 February 2025 | 2 replies
However the Judicial sale record is still active have you checked to see if the house is even still there?

8 February 2025 | 7 replies
I recommend a simple spreadsheet to check your math and it will make it simple to adjust each year.End the complaints.

6 February 2025 | 7 replies
If they're doing anything another tenant would complain about I send them a written warning and the minute another tenant complains is when I'll double check to see if I can file eviction for that specific thing and give the tenant three days to knock it off.

6 March 2025 | 9 replies
. - using Excel makes it too easy to forget things & there's not a check & balance to ensure you did capture everything at YE.

26 February 2025 | 13 replies
Management & Leasing FeesManagement Fee: 10% of the monthly rent = $180/monthLeasing Fee (Tenant Placement): 60% of one month’s rent = $1,080 (one-time)Lease Renewal Fee: $250 per lease renewalUpfront & Annual FeesOnboarding Fee: $350 (one-time for setting up the property)Annual Administrative Fee: $45 per year (for statements and 1099s)Reserve Fund Requirement: $300 (held for maintenance and expenses)Maintenance & RepairsOrdinary Maintenance: Any repair costs exceeding $300 require owner approval.Emergency Repairs: Up to $300 without prior approval; HVAC, plumbing, and electrical repairs can go up to $500 without approval.Home Warranty Claim Handling: $40 per claim (if applicable).Multiple Quotes Request Fee: $100 per request if you require multiple vendor quotes.HVAC Filter Supply Fee: $195 per year per HVAC unit.Repairs & Improvements: 10% markup over vendor invoice cost.Additional FeesInterest on Unpaid Sums: 10% late fee with a $39 minimum per month.Paper Check Administrative Fee: $20 per check if not using direct deposit.Insurance Documentation Penalty: $40 per month if proof of insurance is not provided.Eviction Protection Program (Optional): $15/monthProperty Damage Protection Program (Optional): $25/monthTermination FeesEarly Termination Fee: Equal to the management fees for the remaining lease term.Vacant Property Termination Fee: $500 if no tenant is in place.Transfer to Another Manager: $500 file transfer fee.

8 March 2025 | 22 replies
The student gets a check and calls it quits.

6 March 2025 | 5 replies
LTR so it might be higher just because your agent doesn't have as many options to check with.All that said, Foremost is an excellent carrier and I would not hesitate to use them.

22 February 2025 | 7 replies
Check-Writing and Payment OptionsDo they offer free checks or digital check-writing?

23 February 2025 | 10 replies
However, you can claim a tax credit on your California return for taxes paid to Oregon, mitigating double taxation.If you only plan to own this one property, consider using umbrella insurance as an alternative to an LLC.