![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2557488/small_1665023885-avatar-marcosd27.jpg?twic=v1/output=image&v=2)
2 July 2024 | 7 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3065521/small_1719934561-avatar-chrisf690.jpg?twic=v1/output=image&v=2)
2 July 2024 | 1 reply
Operational efficiency is also crucial; optimizing operating expenses and implementing tenant retention strategies, such as lease renewal incentives or adding desirable amenities, can stabilize your cash flow and reduce costs, helping maintain profitability even if rents decrease.Investing in property improvements, such as value-add opportunities and energy-efficient upgrades, can command higher rents and retain property value better than average units.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3065182/small_1719891729-avatar-federicos17.jpg?twic=v1/output=image&v=2)
2 July 2024 | 3 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/713085/small_1621495917-avatar-giangelo.jpg?twic=v1/output=image&v=2)
3 July 2024 | 36 replies
The moment you try to cancel they would take half of that amount as retaining feeA company dealing with such ethics are not to be done business with
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/399009/small_1694638395-avatar-deblake99.jpg?twic=v1/output=image&v=2)
2 July 2024 | 1 reply
After some discussion in which I advised security deposit was held on behalf of both parties, he withdrew request until end of lease in September.I have advised girlfriend of his call, and she then stated that the security deposit monies really belongs to her.My dilemma is that the lease is coming to an end, and I understand that in PA, a landlord is required to return 1 month security deposit if lease is to be extended.The place has not been vandalised and is basically being taken care of, and I'm willing to renew lease with the girlfriend, who very interested in renewing lease, but who also now appears to have allowed a new boyfriend to move in.I suppose I could have this situation handled by hiring a lawyer, but my challenge is how should I go about retaining at least 1 month security deposit while returning the other.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2585337/small_1694682096-avatar-terryl156.jpg?twic=v1/output=image&v=2)
2 July 2024 | 11 replies
Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/916431/small_1697120487-avatar-ethanc28.jpg?twic=v1/output=image&v=2)
2 July 2024 | 7 replies
New roof, new siding, concrete patio, retaining wall, deck, windows....made it look nice.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/620980/small_1621493977-avatar-ryanmccann19147.jpg?twic=v1/output=image&v=2)
2 July 2024 | 73 replies
Skype if you’re home is far away, or try to even meet in person.Ideally, your relationship with your property manager will be one you retain for years to come.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/988411/small_1708379829-avatar-juliegsavannah.jpg?twic=v1/output=image&v=2)
1 July 2024 | 13 replies
Your observations about how VAs can be treated by others are totally accurate and very unfortunate.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1664582/small_1672510090-avatar-mariom137.jpg?twic=v1/output=image&v=2)
1 July 2024 | 7 replies
Ok, here's 2 observations of his system with clients:will county Sheriff sale.