31 May 2024 | 6 replies
The way Ziprent operates is they charge $1250 flat fee to place tenant.
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30 May 2024 | 93 replies
Property taxes, insurance, HOA fees (if applicable), and potential legal or closing costs should all be factored into your calculations.
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30 May 2024 | 17 replies
Tenant has late fees dating for over a year and now is pursuing the deposit.
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31 May 2024 | 3 replies
For example, Pennsylvania Department of Revenue takes the position that transferring a property from your personal name to an LLC (vice versa) triggers realty transfer taxes.
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30 May 2024 | 6 replies
., trades, remodeling, permits, taxes, settlement process, etc.).
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30 May 2024 | 7 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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27 May 2024 | 7 replies
Certainly paying them a wage or fee reduces your rental income... but then they have to recognize that income (perhaps at a lower tax rate?).
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31 May 2024 | 3 replies
Deferring All Taxes - if you want to defer all taxes, make sure that the total value of what you buy is greater than $580K (or whatever your final combined net sales value ends up at) and that you use all of your sale proceeds as down payment on your replacement property(ies).
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30 May 2024 | 17 replies
Many national STR PM companies working on a percentage of gross income (Daily rates + cleaning fees) charge an elevated cleaning fee.
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2 June 2024 | 14 replies
Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?