Alexander Lang
Lease Agreement - Late Charge and how much to charge?
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 ...
Kyle Neville
Charging for utilities
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 ...
Wesly Aldrich
Management Fees Charged
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...
Wiky Toussaint
Parking charges opinion
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?
Thomas Reetz
Property Manager Charges
I had a property management company that is offensive in their charges and their accounting practices. After notifying of service termination my next bill was over $2,000. Let me start with the questions then the dia...
Jay Libowitz
Charging tenant’s deposit
So I spent $3.5k on painting my rental unit before a tenant moved in. House is in perfect condition. Tenant moves out and there are scratches on the walls. Nothing crazy, but definitely noticeable. I get a quote to do...
Gregg Reinbold
Charging yourself rent??
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...
Ryan Avila
Charging for Parking
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...
Colbert Saint-Laurent
Charging "Finders Fees"
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??
Kyle Meyers
Standard Cleaning Charge
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 ...