Danielle Perry
Taxes in closing question
Lets say I close on a house in April 30 and am charged the local taxes on the closing statement from Jan to April. Then we close again on the same house June 30. And I see that I'm again charged Jan to June local pro...
Account Closed
Contractor estimates making head spin.
Hello ,I ve acquired a property in central PA and am renovating it before renting out. I have bids from 3 contractors so far and am getting big variations between contractor quotes.Wondering what the approximate costs...
Jacob Laginess
Is this normal from a property manager?
I have a property that needs some roof work completed. My PM contacted me about it, and said that, with their "25% management fee", the repair cost would be $X,XXX. Is that normal to charge an additional fee on top of...
Victor So
Go through a lender? Or, go directly to the bank?
Hello BP community!
For a conventional mortgage, is it better to go directly to the bank in order to avoid the lender fees or will the banks charge all sorts of fees as well?
Any advice would be appreciated!
Victor
Jon Abadia
Property management companies
when a property management company is paid to make a property ready for a next tenant Money is paid for this. Should in this price that was paid , include landscaping costs , "materials , utilities , locksmith fees...
Jacob Crowe
Cleaning Fees in Fort Walton Beach
Hey folks,I am in the process of completing my first deal on a vacation rental (seller financed! YAY)! In getting set up to begin renting I am struggling to figure out what to charge for the cleaning fee. The place is...
Thomas W.
How do you determine rental rates?
When I'm running numbers for a possible property one of the hardest things to calculate is the monthly rent I can potentially charge. That seems like the "scariest" thing to get wrong.Right now I'm just using comparat...
Carlos Ponce
Raising Rent on Section 8 Tenant
Hey BP Family! Was curious to know what are the raise in rent rules for Section 8. Currently looking to raise rent on tenant and was curious to know will they pay more out of pocket or will the government cover the ra...
Tony Nguyen
Rehabbers Insurance
Hey guys,
I've been using Affinity Insurance aka Wrenn Insurance but it seems like their costs have gone up. I also have gotten emails from the owner stating of too many claims being filed and how to protect our prop...
Kevin C.
Property Management Firms in the Chicagoland Area
Hi,Does anyone have recommendations for property management firms in the Chicagoland area that don't charge 1st month's rent or re-leasing fees? This would be for 5 units. Thanks