If rent is due on the 1st and late by the 5th, apply the late fee on the 6th and serve a 3-day notice immediately.

I’ve got a late fee enforced to try and disincentivize late payments.

HostGPO charges you a fixed monthly membership fee.

Also never pay any upfront fees and go with a trusted lender who closes through a title company. 

@Jerry Zigounakis For your STR in Big Bear, forming a CA LLC is ideal for liability protection, even with the $800 annual franchise tax and possible gross receipts fees.

What are the fees?

I mainly want to ask if these assumptions are reasonable and if there's anything I haven't considered:(1) multifamily units in NJ close to New York City, ~$1,000,000, 20% down payment, (2) Using the following assumptions: 4% appreciation rate, 6.5% interest rate and 5.0% refinance after 5 years, $10,000 yearly maintenance fee(3) ~$6,000 monthly rental and assume 3% increase yearly with 5% vacancy rate(4) Based on the above, the calculated IRR if selling at the 10th year is ~19% (considering tax benefits) and ~17% (without tax benefits).

I don't think he would allow someone that had to put the fee on a credit card.

Private Money Lenders (PML): More flexible, relationship-based funding with lower fees.

However, calculate whether the investment—purchase price, legal fees, potential eviction costs, and rehab—still leaves room for a solid return.Risk vs.