less their fees.

Charge a late fee every month according to the sate regulations.

So, a big risk and one that a lot of "fee-for-service" business owners are trying to avoid. 

And comes wIth fees.

How is everybody handling HOA fees with a rental unit?

The 1st thing we should do is see if your fee structure is reasonable for the market. 

We're looking for a brokerage that has no sales goals/quotas (or 1 sale/yr to maintain active status), no or minimal monthly fees, flat fee, no expectations of meetings or working from an office, but enough of a presence to answer basic questions as needed.If you have any folks you'd like to recommend that meet all (or most) of the criteria above, please share.

Don't forget to take into account all of your expenses if you're doing buy-and-hold (especially in Columbia, MD with the Columbia Association fees on top of any other special tax assessments that may be there). 

Hey BP,A friend and I are under contract on a quadplex and in our proforma have assumed a 10% management fee.

I was told I still had the option to initiate a transfer, however, I would have to pay the 3% transfer fee and pay the variable 14-24% interest rate while funds were in use…Just like that, 40k of capital to go out and buy assets and get them to cashflow……gone.As a value-add real estate entrepreneur, I understand with every challenge encountered, there is a lesson to be learned and an opportunity to evolve.