There is a charge per transaction.

Hi guys, I have been purchasing rental properties in TX and GA using conventional mortgage, but I'm thinking at some point in the future I want to purchase my own primary residence, and afraid that if I keep buying rental properties and maxing my leverage using my W2 income I will be too levered to buy my own residence.As someone that recently started out, I use conventional mortgage because of the lower interest rates and my lender doesn't charge me any origination fee (although not a fan of 25% down on small multi).

2/1 in the Bronx I charge 1500 and a 1/1 1000.

We've had a third inspection before and the inspector could've charged us $75 for it, but chose to waive the fee.Hope that helps!

It turns out her old landlady in a similar situation had brought out a contractor and made a lot of noise about replacing the whole vinyl window, and finally charged her $70.00 for an entire new screen frame shipped from the window manufacturer.Same landlady who ate my tenant's security deposit and had never heard of giving notice before banging on the door.

Go over your PM contract, contract should state what are your turnover fees they vary by PMs..Some will charge 50% first month rent as Finder fees other might charge full month rent.Concerning your question, PM role varies by companies.

Then I manually adjust their charge and move on.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

If there is a lease with the tenant it is up to the owner or through its agent the property manager to back charge the tenant or sue the tenant for lease specific damages .

A landlord may not:(1) charge an applicant a screening fee when the landlord knows or should have known that no rental unit is available at that time or will be available within a reasonable future time;(2) collect or hold an applicant screening fee without giving the applicant a written receipt for the fee, which may be incorporated into the application form, upon request of the applicant; or(3) use, cash, or deposit an applicant screening fee until all prior applicants have either been screened and rejected, or offered the unit and declined to enter into a rental agreement.Subd. 2.Return of applicant screening fee.