Brian Stinson
Insurance deductibles for SFR
6 January 2025 | 5 replies
If you have any significant loss issues (frequency / severity) due to wind/hail in the recent past, you could see this minimum deductible set at $15,000 - $25,000 (per building).
Evan Ross
Managing rent increases
30 December 2024 | 11 replies
For that SMALL landlord, turnover/vacancy is VERY expensive because it takes them longer to prep and fill the vacancy and they are also paying the PM a fee for tenant placement whereas the large landlord is using their staff who is being paid whether they handle a turnover or not.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
Eventually, I realized that if I kept waiting until tax time to organize my books, I would never escape the stress (and extra CPA fees).
Robert Pierce
Orlando PM Fee's
17 December 2024 | 7 replies
Purchasing a new primary and turning my current house into a rental and looking to hire a PM but some of the fee's seem high. 1 quote - 100% 1st/month rent if i self-manager, or 75% 1st/mo rent and 10%/mo for PM to manage.Again, im new to this but from reading and talking to people there is a typical finders fee ~1000$ and 10%/mo rent if the PM manages.
Steve K.
Anyone Else Fed Up With Loan Servicing Companies?
8 January 2025 | 33 replies
It's just annoying trying to keep track of payments when they keep switching companies and having to pay these fees.
Samuel Coronado
Looking at another park
13 January 2025 | 8 replies
Additionally, the presence of POHs vs TOHs introduces further operational complexities and elevates overall costs due to increased maintenance and management responsibilities.However, without detailed information regarding the specific septic system configuration (gravity, pressure distribution, mound, cluster, etc.) as well as the system's age, historical performance, and required maintenance frequency, it is challenging to derive a precise expense ratio.
Scott MacComb
Contract with general contractor on house flip
31 December 2024 | 13 replies
Your policy may also cover soft costs like permit fees and legal expenses caused by delays.
Carlos Silva
Velocity Banking for paying off mortgages
13 January 2025 | 19 replies
Ask your lender about their recast requirements (payment amount and frequency).
John Fleming
Property Management Reccomendation
14 January 2025 | 3 replies
It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.