Instead of panicing charge the issue and change.

Last I checked, they charged $37 per month for their service, but it is well worth it.

He wants to charge the Manager full market rent.I did some research and discovered that the California Industrial Welfare Commission says that a Manager may be charged up to 2/3 the fair market value of the unit but, in no event, shall it be more than $381.20 per month for a single employee or $563.90 for a management team (e.g., husband and wife).After further research, I discovered that there are actually two (2) exceptions to this rule, which are as follows:1.

I have and will continue to do my due diligence on prospective properties to make sure there is a profit even if the unexpected (which I'm sure will happen) comes around.

Don't forget to factor unexpected repair costs, closing/financing costs when buying, closing costs when selling, PITI (Principal, Interest, Taxes, and Insurance) payments while you are fixing up and selling, and realtor and/or advertizing fees to sell it.And now I'll give you by far the NUMBER 1 newbie mistake in real estate investing. . .. . . buying a property too high and TRYING to sell for even higher.So, Alex, to summarize my input:Experience tops book knowledge.

Its my understand that the hard money lender is usually the one with little risk because they usually charge lots of points and high interest.

For example, many companies will charge you for full color on both sides of a postcard, but you really only need two colors on the address side of the card.

The additional $5K the contractor charged you is what could be called sweat equity.

-What is the most you would be willing to pay for a search if: You were guaranteed that they would find the person or that you would not be charged if there were no results?

[size=18][i][b]What about the travel claim office's requirement to charge "fair market rent"?