
11 March 2025 | 24 replies
The Tenant Class greatly impacts rental income stability and property maintenance/damage by tenants.Both Property Classand Tenant Class affect what type of contractors, handymen and property management companies will work on a property.If you buy & renovate a property in Class D area to Class A standards, what Tenant Class will rent it?

9 March 2025 | 41 replies
My requests for other matters through MFM have gone nowhere and even after requesting a refund and some help with Prime they sent me a video and an email with a special offer to renew for another year.

11 March 2025 | 3 replies
Part of the permit process is requesting a local agent or contact's driver's license.

26 February 2025 | 13 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.

2 March 2025 | 17 replies
Mortgage brokers who register with us can input loan requests directly, add documentation, check status of their loans, etc. 2. information - concerning loans, loan requests, referrers, investors, etc. are all available in a variety of reports.

5 March 2025 | 9 replies
I sent you a request to connect.

23 February 2025 | 246 replies
the key to investing in these types of deals is just like you just said.. you can lose the money and not change your lifestyle..

28 February 2025 | 5 replies
The initial condition report, tenant communications, and maintenance requests were properly recorded, proving that this issue had existed long before our management began.When the lawsuit came in, both the property owner and our company were off the hook—all because we had a clear, well-documented paper trail showing that the negligence occurred under the previous management.This situation reinforced one of the most valuable lessons in property management: Documentation isn’t just paperwork—it’s protection.✅ Always keep thorough records✅ Make communication traceable✅ Ensure maintenance requests are properly logged and addressedYou never know when good documentation will save you from a nightmare scenario.What’s the wildest property management situation you’ve encountered?

11 March 2025 | 12 replies
I am also thinking I would attach my plans with a finalized budget to the loan request.

6 March 2025 | 3 replies
I like that it’s an all-in-one platform for tenant applications, rent collection, and maintenance requests, which helps keep everything organized.