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26 January 2025 | 30 replies
This eviction altogether cost me $20,000 - legal fees, lost rent, and rehabbing.
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19 January 2025 | 10 replies
Processing fee is very small and you usually can get funds in 3-5 days!
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18 January 2025 | 11 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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11 January 2025 | 15 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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18 January 2025 | 3 replies
As soon as a tenant fails to pay rent, you can file a complaint without waiting 30 days or issuing a separate notice (unless your lease requires one).That being said, it could be a waste of time/fees to run to court because tenants in NJ may come even on rent (even after you win the eviction case) and then they won't be evicted: “The tenant shall have three business days after service of the warrant for removal to pay all rent due.”
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21 January 2025 | 8 replies
If I were to do a traditional VA loan, the loan would be close to 7%.Below are what I understand to be the numbers so far:Seller purchased the property in DEC 2022 for $1.13M (owned for 2yrs)Current estimates are Zillow= $1.26M/ Redfin=$1.323MOur agreed purchase price is $1.25MSeller financing would be $120k @ 8% for 3yrs.No commission cost.Small percentage of fees/ costs in the tune of 1.5% of loan amount.Let me know what you think and if you need any additional info.
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11 January 2025 | 4 replies
It means the seller has listed the property with a flat fee listing service.
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21 January 2025 | 14 replies
Therefore, you will want to confirm that the trust company allows for investing in an LLC and the associated fees and minimim balance that applies to the IRA account.2.
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13 January 2025 | 7 replies
I think my fees are high until I shop around and then I am thankful.
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25 January 2025 | 24 replies
If someone doesn't pay their rent, then it can take over a year to evict them, and then I'd be left paying that mortgage and fees for a lawyer, etc.