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18 April 2024 | 12 replies
More details/example fees: Management Fee: 10% of gross rent collected, $50 minimum per unit.Leasing: One full month’s rent upon execution of a leaseOther: 10% will be added to each invoice for any repairs, maintenance, improvements, landscaping, and snowremoval for the Property 50% of late fees collected $50 lease Renewal Fee $50 per utility turn on $25 posting 3 day notice $100 per court appearance witness fee $50 tenant removal with bailiff or police $50 to meet inspectors for housing voucher programs, occupancy certifications, and/or POS or rentalinspections Broker may charge to offset Broker expenses for postage, key copies and other misc. expenses $100 set up fee $120 annual consortium fee ($60 March 1st, $60 Sept 1St)Given all this, how do I input it when I'm making calculations for a potential investment (do I put this in as >10% like 12%, 15% or 20%?
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18 April 2024 | 7 replies
I was thinking about adding this- that the renter should be responsible for paying the first $100 for any of the service calls to fix any stuff in the house.
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18 April 2024 | 2 replies
You're in the right place, this community is full of resources and like-minded folks to help you achieve your goals.
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18 April 2024 | 3 replies
I have two questions:1) What is the average rehab cost/sqft (cosmetic, light rehab, and full gut) in the Charlotte market?
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16 April 2024 | 21 replies
I ask because general principles of contract law generally do NOT prevail over regulatory constructs arising out of specific enabling legislation.
18 April 2024 | 5 replies
Try sending a registered letter terminating their services unless you hear from them within 5 days.
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18 April 2024 | 8 replies
What is the full scenario looking like ?
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19 April 2024 | 14 replies
A Debt Service Coverage Ratio (DSCR) loan for investment properties is often considered better than a traditional mortgage for several reasons such as: it focuses on the property's income rather than your personal income.
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18 April 2024 | 4 replies
I have tried calling the number that you provided but it was not in service.
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18 April 2024 | 4 replies
BP’s team has let me know that I may not attach full third party market reports due to my business phone number which appears on the market reports, so I have parsed some of the market data from them to include in this post along with data from the MLS which was pulled on 4/17/2024.