@Mike Todd I have found that those companies usually have a lot of hidden fees, limitations, and charges; i.e. a limit to transaction amounts, amount of transactions, etc.My recommendation would be to find a Broker in your area with some experience and negotiate with them about your compensation split.

Which is why I don't understand how landlords can charge such high rents relative to the cost of owning.

@Stan Butler , I would go with the 2nd option, having the rent be due on the 20th, but I would not charge them any extra for that (not a good strategy in sluggish economy).

Then, I charged a 250 pet fee instead of deposit so now I'm up 2,700.

(Smaller tenant pools, can't charge as much rent relative to ARV, etc.)That's a really interesting business model.

She explains in the lease the date that rent is due, usually on the first of each month, and then she specifies that after a certain number of days, there will be a late charge added on top of that rent.

Anyone can buy a house, but only a licensed real estate agent/broker can charge someone a commission in a real estate transaction.

Priceless.And the pitch, I guess, is 'A collection agency may charge 50% of what's collected... and 50% of $0 is $0.

My 'normal' big bank is charging me 6.06% on 5-year commercial ARMs.

Ask for a quote on how much the adjusted origination charges will be for the particular rate, and for the next rate higher/lower.