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18 February 2025 | 148 replies
Experts say it can be risky for an investment fund to operate this way, since it may require ever more participants to be brought on board, rather than making money from its business.More than 60% of RAD’s operating expenses in 2020, the most recent period for which the company has released audited financial information, consisted of asset-management fees and other payments to a separate company owned by Mendenhall and other RAD executives called RAD Management LLC, according to an analysis of the financial data.Those fees and payments amounted to more than $730,000 that year, RAD said.ADVERTISEMENT“We have limited operating capital, few significant assets and limited revenue from operations,” RAD wrote in the January document, which sought to raise up to about $58 million in new funds, for a total of $75 million of company shares.
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27 January 2025 | 9 replies
You have no way of knowing.Henry brings up an excellent point about going into a nursing home where she'll be paying some/all of those fees with Medicare.
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24 January 2025 | 13 replies
Appraisal fees should go to the appraiser, not to the lender.Legitimate real estate lenders always use neutral title, escrow, and closing attorneys, as appropriate for your region.
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28 January 2025 | 14 replies
Focus on smaller single-family homes, condos with low HOA fees, or multi-family properties in these regions, and build a reliable local team of agents, property managers, and other professionals to ensure a smooth investing experience.
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7 February 2025 | 12 replies
They're better at collecting rent and charging late fees than most owners ever are.
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27 January 2025 | 17 replies
I think they maybe charge you a reactivation fee if you decide you need to access that information, but I didn't need to so I can't recall for sure.
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26 January 2025 | 21 replies
For your payout, I don't know the full story but Airbnb doesn't cover extra fees including cleaning fees.
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31 January 2025 | 8 replies
The northland MAREI meeting and the main monthly meeting at MAREI have a minimal fee, or for $99 a year you can attend all of them for no extra charge - northland is in person, the main meeting is still online, both are great ways to connect and learn.
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11 February 2025 | 11 replies
Yea give her the advance notice, maybe she pays and you save on the eviction fees.
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7 February 2025 | 11 replies
I’ve got a late fee enforced to try and disincentivize late payments.