Makan A Tabrizi
Nail/Screw Holes in Walls
22 January 2025 | 39 replies
Tenants should pay for that.My lease considered normal to be a few items hung using 1" nails or smaller.
Account Closed
Property Management Fees in Rochester, NY
19 January 2025 | 1 reply
Type Line Item Fee Fixed Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $600 Variable Fees Business Hour Service Calls $90/hour + Materials Cost + Tax After Hour Service Calls $120/hour + Materials Cost + Tax 3rd Party Coordination HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Negotiated Vendor Cost + 10% Oversight Fee
John K Smith
Property Management Fees in Rochester, NY
19 January 2025 | 2 replies
Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee
Marc Shin
Should I get extra insurance outside of Aircover?
13 January 2025 | 16 replies
The poster was asking about broken/damaged household items and guests destroying a rental.
Ken M.
Are Rents Softening
28 January 2025 | 4 replies
But, these broad market studies are so large, they are almost meaningless, in the real world.Between glut of new supply in many "hot" markets coming online, a continually softening economic outlook, inflation over last couple years making day to day items feel cost prohibitive, many average renters are strapped and seeking lower cost housing.
Denise Carringer
Owner financing payment tracking app?
21 January 2025 | 18 replies
You can see these charges added into your payoff demand by line item.
Blaise Bevilacqua
First deal (thoughts?)
27 January 2025 | 3 replies
@Blaise Bevilacqua - I agree with the added expense items that others have called out including vacancy, repairs/maintenance, capex, unit turns, and low insurance.
Erica Dike
Design Dilemmas: What's your biggest struggle with designing your vacation rental?
24 January 2025 | 25 replies
The item that I hate shopping for the most is dressers, and nothing else comes remotely close.
Zander Ayton
Insurance while flipping
22 January 2025 | 2 replies
Often times they come back with a list of repairs that they would like to see to protect the home or mitigate liability. 90% of the time those items were on our list to fix anyway, and sometimes we even haven't done before we get the letter from the insurance company.
Joe S.
Is promoting buying rentals due to a conflict of interest?
28 January 2025 | 1 reply
A large ticket item could eat up the cash flow for years out.