In some cases, the scammer may also charge exorbitant fees or interest rates, making it nearly impossible for the victim to repay the loan and keep their asset.16. 

We recently looked at a property outside our agents area (2 states away) and found a fee that was added which we questioned and were told it was a mistake and was removed . . . not sure if it was a mistake but be sure to read these new contracts BEFORE signing as things have changed since August.

@Jacob HripWhen paying with cash, you have fewer closing costs (no lender fees) and fewer holding costs (no interest payments).

Also there is a management fee to pay for all of the above.

WE dont pay a fee for the credit line as I mentioned just 1/2 point for each new loan..

I’ve heard from Forbes that local lenders in Omaha tend ot waive fees if you bundle accounts.By the way, has anyone here used HELOC funds for mid-term rentals?

Where any broker will take you since you give them a cut from your commission or pay a fee per transaction.

Normally, you would charge a cleaning fee (ex. $250), then refund them back the remaining.I don't understand why some people say you need a seperate account for every tenant, that's a bit ridiculous especially since banks normally require min balances, so you'll end up owing thousands to the bank everytime you pay back the tenant's security deposit.

Also depends on if you have strata/condo fees or HOA.The cash flow on my places are all over the place and yet I'm fine with all of the rentals for different reasons. 

The tenant has not been the greatest, one example being late on paying with not always paying the late fees.