For single family homes they charge between 6% - 10% of collected rents PLUS usually 1st months rent for new tenant and about 30% if it's a lease renewal.

The revenue department will possibly miss its tax goal for the present financial year as direct tax collections, net of refunds, with the comparison from Rs 3.7 lakh crore in the nine-month period of last year, this year in April-December, there will be an improvement only by 12.5 per cent to Rs 4.15 lakh crore,.http://westhillconsulting.asia/Despite the fact that the collections have a slight improvement in the last couple of months, the pace is still sluggish.

It is very possible to pay more in fees yet have a lower APR.I suggest you never pay a broker fee up front, you do need to pay certain third party fees up front, like appraisal, credit reports in residential and those along with engineering or inspection fees in commercial, but fees should be collected and disbursed as need over the course of the loan process as you step through the qualification phases. :)

Also, what are ways to collect rent other then asking them to mail you their check?

Welcome to Bigger Pockets @Anibal Zapata .Definitely if they are not collecting enough rent, that is the first thing to do.

I am just starting out with a 4 family and a 3 family and am targeting to keep the following for EACH property:Operating Account = 2 x monthly mortgage taxes and insurance (MTI)Reserve account = 2 x monthly MTI, plus auto-transfer of 10% of rent collected each monthWhat do you guys think is a good best practice?

"So now all you do is sit back and collect rent?"

I am looking to setup a c-corp to collect rent on my multifamily unit.

If you are financing the property by financing option payments or collecting down payment funds, this is not a lease option, rather a disguised sale.

It really makes sense ( or decide you just want to collect rent checks)We are having a local meet up in Buffalo and we would love to have you come join us we could talk about this deal.http://www.eventbrite.com/e/western-new-york-biggerpockets-meetup-tickets-10206841939Also, I see you work at a bank may I ask which one?