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18 February 2025 | 95 replies
@Caleb Genry yet another request for your time tracking sheet if you don't mind.
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18 February 2025 | 3 replies
You wont be wasting their time even if you dont buy for a while - that would be my first recommendation.
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19 February 2025 | 22 replies
I am looking to invest outside of California for the first time.
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12 February 2025 | 8 replies
We have well over 100 Five Star Google reviews.
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13 February 2025 | 7 replies
America is full of quiet & desperate strugglers; you wake up one day and see someone or something failed.
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10 February 2025 | 21 replies
I have actually switched to the One Brokerage now.
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18 February 2025 | 4 replies
Some people get lots of phone calls day one, but not day 31 or day 131 or day 331.
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19 February 2025 | 17 replies
I had a client in the mountains outside of Colorado Springs buy a star-gazing dome for his vacation rental.
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19 February 2025 | 7 replies
Management & Leasing FeesManagement Fee: 10% of the monthly rent = $180/monthLeasing Fee (Tenant Placement): 60% of one month’s rent = $1,080 (one-time)Lease Renewal Fee: $250 per lease renewalUpfront & Annual FeesOnboarding Fee: $350 (one-time for setting up the property)Annual Administrative Fee: $45 per year (for statements and 1099s)Reserve Fund Requirement: $300 (held for maintenance and expenses)Maintenance & RepairsOrdinary Maintenance: Any repair costs exceeding $300 require owner approval.Emergency Repairs: Up to $300 without prior approval; HVAC, plumbing, and electrical repairs can go up to $500 without approval.Home Warranty Claim Handling: $40 per claim (if applicable).Multiple Quotes Request Fee: $100 per request if you require multiple vendor quotes.HVAC Filter Supply Fee: $195 per year per HVAC unit.Repairs & Improvements: 10% markup over vendor invoice cost.Additional FeesInterest on Unpaid Sums: 10% late fee with a $39 minimum per month.Paper Check Administrative Fee: $20 per check if not using direct deposit.Insurance Documentation Penalty: $40 per month if proof of insurance is not provided.Eviction Protection Program (Optional): $15/monthProperty Damage Protection Program (Optional): $25/monthTermination FeesEarly Termination Fee: Equal to the management fees for the remaining lease term.Vacant Property Termination Fee: $500 if no tenant is in place.Transfer to Another Manager: $500 file transfer fee.
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19 February 2025 | 11 replies
Those holding cost will certainly add up over time and kill any cash flow.