If you fail to timely raise rents, you will find you are under market and it is more difficult to raise them fast enough to compensate for market changes.

so what an investor expects and what the compensation is going to be for that effort will determine the quality of the agent and the amount of time an agent wants to spend with you.Two sides of the coin. 

Remember, the property MUST contain a residential structure in order for you to be compensated for the premiums.Good luck!

(It must be in a certain format).Cannot receive ANY compensation until after all services outlined in the contract have been performed.Cannot acquire an interest in the property or help family members acquire an interest.Can only be compensated with money.

An LLC allows you to split the operations (who is responsible for what) and compensation (how much each is paid) from the ownership (who has legal right to the properties).

If water consumption is that big of an issue, raise the rent to compensate.

This eventually went bad and took about 20,000 to address - there was a legal situation and my family members received full compensation for the Seller's coverup.So irrespective of that story, your options are to:Keep the home and see how you can insure the flood risk (which will cost more than something in the 500 year or no flood plain) and then expect that over the years you will have to budget for a remodel due to a flood.  

(We are customers of both of these companies and receive no benefit or compensation from recommending them.)

Does anyone have a opinion on what percentage I should compensate my agent at?  

I'm not sure if this is enough to compensate for the added expenses that come with a septic tank and possibly having to put in central air.Thoughts?