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16 June 2024 | 15 replies
There are other informational requirements based upon maximum occupancy and vehicles.
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15 June 2024 | 1 reply
I am wondering if I should keep the water meters in my name and get rid of one water meter and let each meter service 2 apartments?
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15 June 2024 | 13 replies
Hi Shannon.Property Management fees do change depending on the market and service levels a company provides.
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13 June 2024 | 20 replies
this is a great service to counter balance those out there that think they are experts charging 15 to 30k to learn this method which really is not all that complicated once explained :)
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17 June 2024 | 8 replies
An insurance agency could charge a fee as well but they'd have to show that too.If everything is the same on the policy (can be hard to tell with a cursory look at a quote) it's possible some of the internal risk information was changed a (such as year of update) and the underwriter changed pricing to reflect that.It's also possible one agency asked for pricing credits to get as close to a certain number (perhaps a number you told them based on the current policy) and the other agency was unaware of that number so they didn't ask for credits.That would be the most likely in most cases but it's odd since the quote was already created and given to you from The Hartford that it would change so much.By the way, your agent should be able to retake control of the quote quite easily with a signed BOR/AOR as discussed.
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14 June 2024 | 7 replies
ThanksDepending on the number of loans you originate, it may be a lot cheaper to have a servicer manage the loans for you since many can do it for $20-$25/mo per loan.
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13 June 2024 | 2 replies
Just wanted to share, I've noticed a loosening in down payment requirements for DSCR (debt service ratio loans) that either use the actual or proposed rental income to qualify.
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14 June 2024 | 7 replies
Loan Servicing management6.
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14 June 2024 | 2 replies
why a 10% management fee could be a bargain for excellent property management services.
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15 June 2024 | 5 replies
Notes:*This value is based on rental comps in the area as well as the current lease agreement for one tenant**Prior years' operating expenses were estimated based on current owner's actual operating expenses as provided by the listing agent.