Fees:7-10% of monthly rent seems to be commiserate with our area but the rest of the fees are really all over the place depending on the company.

Is it standard to pay the fee if the property is already occupied with a tenant? 

@Jacob Mallison I'd say the best thing you could do for a Realtor is to provide leads for your clients that want to transact real estate.We're always looking for leads - especially those from referrals.You might not know this, but in most, if not all states, it is illegal for a real estate licensee to pay any kind of referral fee, finder's fee, etc to an unlicensed person.That said, if you want to find a good agent, look for someone who is full time and hungry.

Late fee is 10$ per day after the 5th....so she is up to 100$ as of today....she says she's bringing me the other 300$ that she owes on rent on thursday...but she can't pay the late fee...so my question is does the late fee continue to accrue until she's paid the total WITH the late fee or do I have to stop it accruing as of wednesday if she pays thursday?

What fees am I going to have to pay in this scenario.

- property management fee (someone has to manage this property, even if your self managing you need to pay yourself for your time) I would use 8% for a property management fee ( there is a whole litiany if charges such as placement fees etc that get charged as well but to keep things simple let’s use 8%) keep in mind your area might be unique i would call some local PM’s to get a feel for the cost.

Then you just want to get on the phone with them and get all the information on their products, rates, fees, timeline, etc.

I reviewed the white paper that you sent me and the fees.

For rent controlled properties in LA, the "relocation" fee for the tenant is $7900-$20450 depending on the circumstances. 

From what I can tell, there are some big groups raising large funds, and the play for most of us will be to put together a good project and pitch it to these funds for investment, hopefully earning development fees or carried interest along the way.We're almost halfway through the two-year window of this thing, and guidelines still haven't been released, so start getting your deals ready now.