Some have given us a bad name by charging outrageous fees, making outrageous claims and then providing didily squat information.

Any individual agent is unlikely to move on the fee that they charge.

Most keep the late fees ect.  

Realize also you have ongoing costs for each LLC that you set up, Yearly resident agent fees, possibly fees to have your meeting minutes prepared on a yearly basis, Tax preparation fees for each LLC Shell, and You're 1040, etc...

Jacob is looking for a way to solve this where he doesn't take a major financial hit, but also where this doesn't end in (let's just be honest) tons of court fees and fighting.Michael wants scorched earth and a 40% pay out which is a no go for Jacob.   

There is no fee to attend the meet up group just buy your own drink.

Operating Expenses (30-35% of Income)Rule of Thumb: Allocate 30-35% of your rental income to cover operating expenses such as property management fees, maintenance, repairs, utilities, and insurance.Why: Properly budgeting for these expenses will keep your properties well-maintained and avoid unexpected financial strain.3.

You can actually charge a RUBS fees with the rent to offset utilities. 

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Management fees, lease up costs, turnover costs vacancy rates, repairs, licenses,  non paying tenants etc. are all examples of these.