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12 January 2025 | 2 replies
Just plan on paying the agent's fee if you are successful.
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19 January 2025 | 9 replies
I bought these two houses that were next door to each other with a partner using hard money (3pts, 13% interest, and 1% extension fee every 3 months after the initial 6 month term).
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21 February 2025 | 182 replies
I know many people have lawyered up, and they’ve gotten nothing of value back in return for their legal fees.
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8 January 2025 | 3 replies
Of course they are going to have bad credit or they would be looking in a better area.Another thing you may want to consider to drive more applications is to not charge the application fee.
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25 December 2024 | 3 replies
I am in PA and yes, it is legal to charge late fees to your tenant regardless of Section 8 subsidies or not, provided the tenant's lease allows for them.
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12 January 2025 | 8 replies
I would imagine that the hotel marks up their rates to use airbnb a little to offset their service fees, so the net is pretty close to what you would expect.
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13 January 2025 | 8 replies
We charge a transparent monthly fee for this and our digital property management platform - but we are not a local property manager.We also give owners the ability to use a repair triage service and our vendor network, or address repairs with their own handyman.Our goal is to make renting better for owners and residents.
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16 January 2025 | 7 replies
Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.
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8 January 2025 | 31 replies
I had a local bank provide a 1031 without fees.
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8 January 2025 | 33 replies
Finally got it straightened out and Newrez did waive the late fees because it should have been a seamless transition and was not.