Will F.
LLC for flipping or Peronist name w more insurance ($800 LLC fee in CA)
This may seem controversial or “not by the book” for many. but keep in mind CA has higher taxes and reg fees and I’m not doing more than 1-2 flips (short timeframe flips) a year and many years do 0 flips
Do most fl...
Paul Zofsak
Property management company is deducting late fees from rent instead of collecting
I am dealing with this local property management company for the first time; everything looked great until my tenant stated paying rent five to ten days late every month. The tenant then pays the rent but nothing ext...
Robert Biggerstaff
Tenants are consistently late
When you have a tenant that is consistently late but they do pay the late fees what do you do ? I do file the 3 day notice soon as they are out of grace period.I would like for them to be paying on time.I need with my...
Laura Hamilton
Rental holding fee?
My husband and I found very nice prospective tenants who have both great credits and good employments. Problem is prospective tenants are still under their current lease for a month and now are asking if we could star...
Matt Frazier
Applications and Leases
Hello,
Does anyone have suggestions on the best way to disseminate applications, leases and other paperwork (notices and such)? Do you guys use paper copies for everything, or docusign, etc. Are there apps that help ...
Dan Cumberland
What do you think of this management fee structure?
Hi everyone!I'm shopping around for a property manager for my first managed property. I really like everything about this company except the fee structure. I'd like your input:They charge 9.9%. Thier leasing fee is...
Christy Philippoff
Rental property process
Hi everyone!We have a house up for rent and this will be the first time we are renting a house without going directly through the military. What process do y’all use to handle applicants? For example: do y’all take t...
Donald Candella
Section 8 late fees in ComiCalifornia
Does section 8 allow late fees to be charged on the tenants portion of the rent. Example section 8 pays $2,000.00 and the tenant portion is $800.00, is it within my rights to charge the tenant 10% ($80.00) in addition...
Greg Meyer
Application and late fees
I am negotiating with a property manager to maintain a 30 door investment. Recently, It came to my attention that the manager is charging a $50 application fee, and he would like to keep late fees. In your area: How m...
Jeff Manni
Property Management Fees in Boston
Hello BP people! I am trying to analyze my first rental deal and I was wondering if anyone in the Boston/Worcester/Springfield area has any experience with paying a local property manager and what your monthly percent...