You pay a monthly fee of somewhere from 5%-15%, and they take care of you.

Assume your property will be leased for a year.Add up all the annual fees that are in the fine print of the management agreement.Add up all the management fees collected for the year.Sum those two numbers, and divide by all the rents collected on your behalf for the year.For example, a company advertises 6%, has a $450 marketing fee, $20 twice a month freshen up fees (when vacant), $150 annual fee and 4% lease up fee.

You must be a broker in SC and then pay $5k initially to join, plus an annual fee.

With regards to severing the agreement earlier than 30 days or not; it probably isn't worth the potential disagreement over one month's management fees, and absolutely isn't worth it if you end up needing to involve a lawyer to settle any dispute.

The cash flow possibilities are quite amazing and endless.After debt service, property management, property repair fees and vacancy loss, you should be able to cash flow at least $400/month.

When the first question is how much is my fee?

Poorly laid out entities will encumber you with paperwork and fees and not stand up in court.

While you can gain access to the full MLS data only if (as far as I know) you are a licensed Realtor, you are then subject to the state's Real Estate Board regulations and are also required to pay MLS dues, Real Estate Board fees, and any association dues (Natl Assoc of Realtors, state Association, local Association) fees as well.

In some areas local gov'ts charge a "transfer tax" or transaction fee on the sale, that's probably collected as part of the closing process.

The amount of premium you pay over rents, whether you pay an upfront "option" fee and how much it is, whether you pay a lump sum deposit upon exercising the option...totally between you and the seller.It might be easiest to estimate a purchase price -- try to agree on a timeline and whether the market will go up, down, or stay the same in your area over that time.