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26 February 2025 | 0 replies
Today is all about framing, roofing, and exterior repairs—basically, the backbone of your rehab.
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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.
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20 February 2025 | 20 replies
Michelle has been a member of MAREI for a couple of years and I have not really had any feedback good or bad, however, when one of our advertising members do bad things, I usually get a phone call or email about them.
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21 February 2025 | 102 replies
Whereas they wouldn't leave me alone before I signed, now--- I can get no one on the phone, and am required to use a text line.
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28 February 2025 | 8 replies
Quote from @Kurtis Carriere: I Am currently in the finishing stages of building my own house in Ontario, Canada and looking to sell and relocate to texas (likely DFW area)i have done 90% of the work on this project by myself so im confident in my ability to do any and all repairs on the property.
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15 February 2025 | 5 replies
I found that the phone numbers aren't always available or accurate, but it's worth a shot.
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30 January 2025 | 5 replies
Quote from @Vaughan Moody: The contractor agreed to repair it for free.
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11 February 2025 | 5 replies
.: Josh Altman is seeing a huge spike in interest among displaced Pacific Palisades Ca residents in seven specific areas following the devastating fire last month.He gets multiple phone calls daily from families who are looking to move to 1.
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4 February 2025 | 24 replies
@Chris Lin,Thank you very much for spending time with me on the phone last night.
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22 February 2025 | 5 replies
The whole house needs to be remodeled due to lots of wear and tear and being outdatedI am planning to use a HELOC on my current property for mostly all the repairs.