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4 March 2019 | 4 replies
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!
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4 March 2019 | 33 replies
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.
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2 March 2019 | 1 reply
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.
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3 March 2019 | 4 replies
Then I manually adjust their charge and move on.
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3 March 2019 | 1 reply
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.
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4 March 2019 | 19 replies
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 .
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7 February 2020 | 8 replies
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.
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3 March 2019 | 1 reply
Someone mentioned one to me that had only $150 a month charge with no split and no franchise fee.
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7 March 2019 | 11 replies
Talk with a financial advisor and one that charges a fee, not one that will try to sell you something.
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8 April 2019 | 15 replies
Self-directed IRA If you are self-employed with no full-time w-2 employees, you can set up a Solo 401k & rollover funds from a non-Roth IRA as a tax-free direct rollover and then invest in real estate.A Solo 401k has several advantages as compared to a Self-Directed IRA including the following which specifically apply to your situation: Unlike a Self-directed IRA, you can have the account for the Solo 401k at a bank or brokerage that does not charge maintenance fees and where you will have checkbook control.Unlike a Self-directed IRA, if you use leverage (which must be non-recourse financing in either case) to acquire real estate with your Solo 401k the income will not be subject to Unrelated Debt Finance Income taxGeneral Considerations Re Investing Retirement Funds in Real Estate:1.