The initial numbers are good.

In addition to those fees some brokers charge a fee on each deal you do to cover the technology/office access.

some states charge as much as $800 a year just to keep an LLC.There are very valid reasons for setting up an LLC but:1.

I think Guru is someone that is trying to trick someone into spending money on a system that either has never been proven or they are excessive charges that people who signed up did not expect.

For one house (presumably in good condition, in a solid area, with good-quality tenants), are you sure you need to pay a PM for anything other than the initial tenant placement?

Also, if you were converting to city sewer, you have to dig and lay pipe to the road and then the utility company will charge you a hookup fee (I think it was $600 here but dont hold me to that).

I'm closing on two houses from the same seller in a few days and I noticed in the HUD that there was a charge of $84 for currier/postage/wire fees -- one charge for each house, so $168 all together.

Basically, he wanted to charge me $377 to install a new garbage disposal and $245 to install a new toilet fill valve.

He doesn't have the cash to make this arrangement initially and he is planning to use his net income proceeds to purchase the additional equity.

Initially I had no clue what all the fuss about this and that was.