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.

You should always charge a late fee ( I give all tenants one "free pass" and then charge late fees).

They moved out a day later then the exit date so I charged them a fee which they were notified of.  

. $30 or so they charge is a bargain for the content. 

THe plumber charged $240 to respond and clear the line of paper towels.

New update on the BH&J Rent vs Buy Index. https://business.fau.edu/departments/finance/real-estate-initiative/bhj-buy-vs-rent-index/bhj-summary/Interesting to note that most major markets have officially crossed over, where renting your residence and reinvesting what you would've spent on a home makes more financial sense than buying.

@Dante Gonzalez's deal is really slim to begin with, so he wouldn't be able to charge much.

I’ll let someone familiar with New Jersey law answer your question about online only rent payments (it wouldn’t be legal in my state), but I did want to caution you against accepting a check as payment for the initial deposit.

That is going to put a practical limit on what you can charge and expect to keep them.

Dan Hi Dan, I think of it this way.Hard Money Lenders are people in the business who respond quickly, are set up to do real estate transactions and charge more money for the convenience and speed.