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27 January 2025 | 7 replies
Also who pays servicing fees. if curious to learn more reach out.
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26 January 2025 | 10 replies
I have no problem paying a wholesale fee if there's plenty of margin for me.
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11 January 2025 | 9 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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7 February 2025 | 13 replies
All you had to do was drive to the house, take pictures, sign a contract and then assign the contract to a buyer for a fee.
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17 January 2025 | 37 replies
No NON-QM broker or lender should be collecting upfront fees for processing.
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21 January 2025 | 11 replies
The law does NOT apply to landlords:With less then 5 rental unitsThat live in one unit of a duplex and rent out the other unitThat rent out rooms in the home they occupySo, landlords can no longer state in their rental ads, "Section 8 not accepted".The reverse is also true, "Section 8 only", cannot be used.We've always recommended screening S8 tenants the same way as cash-paying tenants.Landlords waiving application fees and/or security deposits only for S8 prospects may also be violating Fair Housing.
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5 February 2025 | 38 replies
Instead, they get compensated by Turnkey providers or builders with a marketing fee:“…we as the turnkey property promoter gets compensated by and only by the turnkey provider or builder that we are working with, they are essentially paying a marketing fee,” ( Link ).
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13 January 2025 | 15 replies
I'll add a few more things that can have a huge financial impact: required reserves, LTC (loan to cost), application or other upfront fees, and prepayment penalties.As a fellow flipper, I think it's important to have reserves, but they shouldn't be required as part of your funding.
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15 January 2025 | 2 replies
I had to have an awkward conversation with my favorite realtor when their broker suggested everyone had to pay a $700 “document fee” on every sale.
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14 January 2025 | 18 replies
Tax free appreciation and rents significantly trump the loss of depreciation and custodial fees.