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9 October 2024 | 28 replies
My cleaners handle it for me which is standard in my market and the markup to drain, fill and clean is only around $25 on top of the cleaning fee if I am not mistaken.
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9 October 2024 | 14 replies
Also there is a management fee to pay for all of the above.
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6 October 2024 | 8 replies
So, they make the process of being an investor seamless and you having to do nothing as they after you closing turn into you management company with a standard 10% management fee (which I am okay with).
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7 October 2024 | 34 replies
I've also heard anecdotally on BiggerPockets that the concept of other States being super landlord friendly is sometimes overblown (in other words, sometimes even in the most landlord friendly states, things can get sticky)In other words, I'm not sure how much the potentially friendlier landlord laws would convince me to purchase far away in other state, when that also comes with its own challenges (the inability to self manage, property management fees, etc) This debate on whether I should locally invest vs out of state has left me wasting time so now I feel I just have to make a decision and go for it. 1.
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6 October 2024 | 1 reply
Waive the commission fee and ask for <x% equity?
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9 October 2024 | 39 replies
If you are okay with the trade-off of paying 20-30% in management fees with less tax savings for a more passive investment, then management companies may be a good option for you.
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9 October 2024 | 17 replies
Engineering , permits , stormwater management system , clearing , reforestation fee , sediment control , and landscape bond , all this would run you around $175K .
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4 October 2024 | 8 replies
Despite this, substantial changes are imminent and will start rolling out this year.The initial change will be the mandatory registration of all short-term rentals, accompanied by a registration fee.
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8 October 2024 | 10 replies
LLC formation services like LegalZoom or IncFile are available if you prefer assistance but want to avoid high fees.
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30 September 2024 | 1 reply
The idea is intriguing, but online research has yielded conflicting opinions and "pay to play membership plans; can't get a straight answer whether this is legit or scam and not worth the front-end subscription payments.