If the tenant insists on using this broker (their choice, I guess), we're obviously just going to bake the commission into their new monthly rate because we're certainly not going to absorb a 4% commission to keep our existing tenant on executing a simple lease option.

Covers advertising, pics, showings, application screening and lease signing.Increasing number of PMCs charging flat fee, but they then rarely advertise on MLS (have to offer agent a commission split to bring tenant)Maintenance Fee: 10-40% of labor & materials. 

This would also mean that any well covering would need to be flat.

A little up, little flat, little more down, repeat…Economist Mark Zandi agrees, “[The Fed’s] got everything they need to start cutting rates…It’s just a question of precisely when.”Why Hasn’t the Fed Cut Rates?

If you talked to a direct/retail lender, their compensation is typically "baked" into the interest rate and is paid by the lender.

Ideally I can find a debt partner who's willing to gap lend those funds for a flat rate return, since the deals cash flow very well, and I'd prefer to retain as much equity as possible.

They even started bringing over baked goods for all of us, and a review of our MTR mentions the kindness of our neighbors.

Here's a quick snapshot from the COVID outbreak of early 2020 to February 2024:Key TrendsCondo prices: 📈 65% since March 2020Single-family homes: 📈 75% since March 2020Rapid appreciation mostly in 2020, stable/slight gains sinceMarket resilience despite rising rates and insurance costsAI stock market-fueled wealth could drive more home purchasesMy Prediction:Prime single-family homes: Prices remain stable or increaseCondos: Flat unless truly distinctiveThe Big Question: Are YOU ready to buy or sell?

Roofs never start leaking on flat areas, its always penetration points or valleys.

Pretty much everything is negotiable in real estate.Loan Origination is how much the lender is going to make on the file (if direct lenders: this is typically a junk fee; if brokers: this is your loan officers compensation).Points: this is the cost for the rate itself (if direct lenders: this can be negotiated, as they manufacture the rate sheet with profit baked in; if brokers: the rate is the rate, you are getting bottom of the barrel pricing).Credit report/appraisal: these are the actual costs -- no money can be made.