While your condo snowball strategy builds equity, modest cash flow and HOA fees may limit returns.

Setting up direct bookings is a great way to avoid platform fees!

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?

I’m thinks just pay him his regular price for the job and throw him 5-10% finders/gc fee instead of making a 70/30 split or something like that.

These platforms typically have billing policies where you pay a per unit fee per month to the software and you get regular updates and support each month.There are a number of low-cost platforms available that are able to offer you a lower price by passing along some of the costs to your tenants (payment processing fees, applications, tenant screening, etc).

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

You can put your license in referral at most brokerages and pay no fees and still be able to do referral business.

Charge a fee for the ESA.

The AMC charges a fee on top of the appraisers.

I have read in forums that upfront fees are generally big no-no's.