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Hello BP family!So I am a newer Investor/Landlord (since 2014). My question to fellow investors and landlords is how do you charge your late fee structure on your lease agreement, and how much do you charge? My state ...
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Is it legal to charge more for utilities than why I pay for utilities?Example: can I charge a flat rate of $50 a month for electric if I only pay $40 a month? Or is this illegal? I’m trying to find little ways to add ...
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Looking to hire a property management company and these are the fees they are proposing below. What do you think about the new tenant placement fees?
Management Fee (paid monthly):8% of collected rent; minimum fee o...
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I currently rent out my garage to a person to park their garage. They’d like to use it to park their car as well. What should I do? Charge them more or not?
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looking for thoughts on the following:
i have an opportunity to get premium phone/cable service (i.e. all the bells and whistles) for a multi-family rental unit at a promotional rate. it seems that if i split the cost...
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Do I charge myself rent for storage? I am storing equipment in a 40 X 110 foot building on my mixed use commercial property. The building would rent for around $1,500/ month. Do I need to write myself a rent check...
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I just recently purchased a duplex on an 8000 sf lot, about half of the lot is an asphalt parking area. The neighboring fourplex has an easement to access their parking area, though the parking area of the fourplex is...
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I have a few deal that I want to wholesale on and charge a finders fee. How do I ensure that I get paid and not get cut out of a deal??
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Can a landlord charge a standard cleaning charge? This would be a charge just because someone moved out of the unit, not because of any damages.
I would think it would be ok if agreed to in the lease, but otherwise ...
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Hi all I’m new to BP and I’d like your input on my current scenario. 1.) I am getting rates on a cashout refinance LTV 95% 2.) Value of loan at closing will be $342k and cash out will be $148k. 3.) interest rate will ...