Dan O'Neill
Property Management Fee Structure Question
Hello Everyone, What is the standard practice for applying (or not) both of the following in the first month of a new tenant placement: 1) the monthly property management fee; and 2) the leasing fee (1/2 of the monthl...
Colin Green
Operating 2nd Lien Non Performing Notes
Hi all, I am very interested in these notes. I have been listening to Dave Van Horn and am very keen to get into these and away from the tenants at the moment.My position is that I own properties in the USA and have ...
Katharina Bormann
General non-responsiveness from tenants in adhering to agreement
Hello,How do you handle non-responsiveness from tenants regarding not-so-critical issues. E.g.,1. If the tenant does not clean up large trash items in the backyard despite repeated requests. The contract says - RESIDE...
Kevin Boylan
Property Management Fees
Do most property managers charge a percentage of total gross potential rent, or total collected rent?
Jeremy Fields
Collecting security deposit remotely
I have found lately that the number of applicants to my units has dropped significantly. For this reason, once I have someone approved, I want to send the lease for signature with a short time limit, so I can quickly ...
Chris Hicks
General Excise Tax on Rental Income Hawaii
Hello All, Just trying to get some clarification on why HI has a GET (General Excise Tax) on gross rent. I have searched around with no answers. I understand that you have to pay taxes on rental PROFIT. But HI char...
Joshua Stratton
Legal Question on Compensation for Real Estate Agent
In need of some advice, pending legal consultation with my attorney.
I am a licensed real estate agent in Michigan, but do not practice as one. I have a friend who lives in Texas & I viewed several properties he'...
Michael Merritt
Can a non-licensed investor hire an agent as a runner
Hi, I'm in California, my wife and I are real estate investors (both unlicensed) I'm looking to hire a licensed agent to do some tasks for our company, mostly driving to look at properties, taking pictures, dropping o...
Daneca Hall
Does daughter (Over 18) of mother need to sign in addition to being on lease?
Last year, I rented to a woman. Her daughter is studying at a college locally and lives on campus except for summer. She and her daughter are wonderful tenants. The woman's new lease is coming up for another year. For...
Account Closed
New SFH Rental. Insurer underwriter is asking A LOT of questions.
I am an out of state investor, self-managing a rental in another state. Suddenly, my Insurance company (who already binded my policy on closing) is starting to at concerned and is asking A LOT of question such as who ...