Is it common for property management company to include “owner cannot have any contact with tenant during the lease term” as per of standard contract language?

Standardizing colors makes life so much easier.

Not sure about the specifics for Prospect Park. 10% vacancy cost is a standard that many people use.

Blanket statements about S8 being all good/bad is oversimplifying the issue: it’s simply another means of tenants’ paying their rent and should be considered independent of the formal, written rental qualification standards every landlord/PM should have outlined well before they start showing rental units. 

In all our offers, we have a contingency in the offer that we can review lease prior to closing and ensure they are up to our standards.

The company must have to do a special order for the low-e since their standard windows do not have it.

On top of all that increase in income, our expenses/standard of living only increased by $200/month over 4 years, mostly just on date nights (which I think investing in your marriage the best possible investment, don't try to convince me otherwise.) and we have zero debt outside of our mortgage.

I have a couple thoughts on this, all speculative of course. 1) The investors that normally had a standard of 20-25% ROI are now settling for 12-15% ROI just to get their money back in the market, which is crucial for full time investors.2) Contractors may have in fact dropped their prices just to be able to get back to work.

I don't know what (if anything) is trade standard for this field.

Full time educator that runs her other real estate school- Brokerage has own app where we store training videos and guest speakers from our events- Mentoring program for new agents to shadow experienced agent- Brokerage creates template personal site for me- 2 education classes/month via Zoom- 1 Sales meeting/month for education & motivation- 1 meeting/month on technology use, a staff member that deals with IT needs- 70/30 Split- $355 Annual Office desk due- 2% Transaction fee- No lead production, produce own leads, repeat & referral- 223 current & pending listings- Have had new agents close 20 homes in first year and other only 6 homes; variesBrokerage C:- This is Keller Williams, so probably pretty standard and y'all are familiar with them, I'm sure- Within my region: Own 12% of all inventory; 600 to 900 active listings and closed just under 3,500 homes last yearBrokerage D:- 21 agents in local office- Momentum Program for training- 95% commission paid on a transaction, fees included but you choose how much you want to spend (private office/shared office/WFH office,- Brokerage does not provide leads but can obtain leads from sister brokerage, no cost- Currently 82 listings, 50 active, states it is currently a seller's market- Goal is to sell at least $2,000,000 per year- Average sale price for last 90 days (8 properties) is $260,400Brokerage E:- Training videos available- Weekly sales meetings- Ninja sales training 2-3/month with Q/A's- Offer a one-on-one mentorship program for new agents- Mentor and I would split commission 50/50 first couple of transactions or when I'm ready to go solo- Lesser degree mentorship for 75/25 commission- $46.50/month Brokerage fees Plus $25/month on E's&O's- Own website on brokerage webpage for $10/month- 70/30 Commission split; 95/5 for sale milestones- Once you pass $5M in sales, you're still on 70/30 split until you pay out brokerage $20,000, which in turn split becomes 95/5- 3% broker fee each transaction with $3,000 cap- Can provide leads by signing and paying up for different things (ICC/OPCity/Buyside)- 255 active listingsBrokerage F:- Extensive 6 week onboarding process for training- No monthly fees; biz cards/signs/lockboxes/marketing all paid for- Provides leads- 2 CRMs that hold database of your clients- Usually 100 listings at any given time, lower now because of Covid- Minimal standard to remain with company is 24/year.