We're doing the disclosures now and I was quite surprised at the 2.469% of Loan Amount (points) Origination charge which brings the total Origination charges to $16,500 (Property cost is 645K, 10% down).

If that is now a private residence, you could go after them, but again the best case would be for insurance to handle this I would be surprised even if the insurance company would allow such a claim.

Whereas larger facilities have a larger budget and staff on hand that can handle some of the surprises. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

I'm similarly surprised to find that their written OneRate plan management agreement states: "For both Evictions and Other Suits, Owner shall be exclusively responsible for all attorney’s fees, vendor, service provider, expert, and court costs."

I am not expecting it back to the 2020 rates but something more in line with 5's and 6's I would not be surprised. 

That said, it's surprising to see a lack of diverse competition in this space.

I was surprised that more banks weren’t willing to work with Series LLC’s but this is something to keep in mind when you’re setting up your strategy.

Two groups of attorneys we use for evictions and similar matters are surprisingly unfamiliar with Rhino and I am not aware of any case law involving Rhino or other security deposit insurance.

Hi folks, this has been all over the news and social media so I hope it's not a surprise to anyone but I just wanted to cover all the bases.Due to legislation spearheaded by the RI attorney general earlier this year, there is a new RI rental registry in place that requires all rental unit owners (even short term rentals) to register every rental property and rental unit in the state of RI, by October 1, 2024.The website is www.rentalregistry.ri.gov and you will also need to upload a current lead certificate ("Certificate of Lead Conformance") for each rental unit.The demand is so high that lead inspectors are currently booked out into November and December, so I hope you already have lead paint certs for all your units.