Brandon Sowers
Fair rate and fee increases from your PM
My PM firm is located in NC and we manage just over 800 doors. Our management fees have gone basically untouched for the better part of 10 years. Our firm has a very simple fee structure that includes 8-10% of RENT CO...
Felipe Soto
Exclusive Engagement Agreement
Hi ALL,Thoughts on this. MM has an exclusive engagement agreement where 1% of total sale price is asked whenever this agreement is signed regardless if you use their recommendations for financing or you choose to shop...
Lara Taylor
Kennedy Funding company | Kennedy funding lawsuit?
Has anyone ever had any deals with them and if so what is your experience? I have a deal I am trying to finance and I have been talking to this company. Reason I am hesitant is due to the fees they want up front.
Mike Nelson
Closing for Dummies (Newbies:)
Is there a biggerpocekets write up on what an buyer should pay or what reasonable closing fees he can expect. I understand everythings negotiable, but was wondering if there were some standards for the line items and...
Alex Brit
Late Payment Fee in ATX
Hello fellow Big Pocketers,
I’m wondering if charging a late rent payment fee is legally permitted in the State of Texas (Austin) and how much to charge. A percentage of the rent, a flat fee, how much?
Thanks in a...
Joseph Montes
Did I overpay on my closing costs?
In June, I bought a 3 bedroom/1 bath SFH in Lansing, MI on short sale for $20,000 that I am now renting. I was able to find conventional financing from a bank, getting a 30-year loan at 4.79%. I'm currently gearin...
Stu Bennett
I'm on my last R and was shocked by the loan fees
So I bought my first BRRR, paid cash for it through equity on my primary residence, rehabbed it with a no interest credit card, found a great tenant and just signed on the refinance cash out. I was shocked that there’...
Dantrell Baker
Cash buyer wants to know my fee
A potential cash buyer wants to know my assignment fee. I usually double close. Should I tell him?
Elena C.
Current lowest mortgage interest rate in MA? VA/FHA/Conventional
Hi all,
We are currently shopping around for the lowest interest rate to purchase our first primary residence, multi-family in MA. We are currently looking at Everett, Reverse, Malden, and Melrose. My husband is acti...
Yinglu Wang
Any Property Management Company in Columbia SC?
Hi everyone, I am trying to get a quote for PM cost in Columbia, SC. I have only called 1 Property Management company. They charge 10% monthly rent + annual fee + 50% first month rent (marketing fee) + lease renewal f...