I just had an application process and utilized rent prep for the background/credit check, I found it to be a useful tool and worth the cost (about $40).

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Though you could deduct the cost for cleaning it to (hopefully) get the smell out. 

With cash you canmake higher margins per deal because you have less holding costs.

2) What their tenant retention % is for like properties. 3) Rates, whats it going to cost.

The plumber who I spoke to says the pit in the picture is really big and the cost of labor plus gravel/concrete to make the pit smaller plus the cost of replacing the ejector pump is 5K.

Offer to cover 3% of closing costs since you’re saving that in realtors fees.

There are set fees like any grantors tax, HOA disclosure package, then fees that vary, like settlement fee, deed prep, prorated real estate taxes, commissions, closing cost assistance requested in contract, etc.

(Basement to get sump pump) I’m already way past closing and the cost is $6k.

What does it cost for formation and ongoing maintenance?