Ashley Mallory
2 Tenant issues: Signing move out instructions AND tenant wants a credit for A/C
Hello everyone, I need advice.Issue 1: I purchased a 4-unit multifamily apartment in June 2023 from a landlord who rented a very spacious/ nice 2 bedroom 1 bath unit to her daughter and son-in-law for $775 per month (...
Kaybreh Mathis
Accepting Money Orders
Hello! We are new owners of a 10 unit building. The tenants are all inherited. We currently offer two options for paying rent-depositing directly into our account at the bank and paying online via apartments.com. Howe...
James Phan
Charge a credit card fee if the tenant pays with a credit card?
Wanted y'all's opinion on this. Not sure if it's legal or not in the world of landlords.
Sean Dezoysa
charging zero assignment fee, and the percent of the profit on the backend
I definitely wouldn't do this with any old buyer who wasn't on my priority list, but I'm considering getting a deal to a rehab or for a cut of the back-end profit. it lowers his risk and increases mine,and on the oth...
Mike Nowicki
Why do REIA groups charge a membership fee, and is it worth it?
I am a fairly new investor looking to meet up with other investors in my area. Based on comments from other BP members it sounds like local REIA groups are a great way to get started. In my area most of those groups a...
Jane A.
Could we charge the pet fee on the top of Section 8 vaucher
Hello, everybody. I have a good prospect with a section 8 voucher. They want to pay a pet fee for 2 doggies on the top of section 8 voucher. Could we do that? This is in KS. Thx
Charles Kamen
Can I provide proof of funds for another person and charge a fee?
This is purely hypothetical but I had an idea that I could explore if it's even legal. My idea is to work with RE investors/buyers, and use my available funds to provide a proof-of-funds letter for their deals, and c...
David Moore
Should I charge for actual pet repairs in addition to monthly pet fee?
Hi BP, we charge a $50 non-refundable pet deposit and a $25/mo fee per pet. In my mind, this is a nominal amount to help in the event that we have to cover extensive damage that the normal deposit would not cover.I ju...
Scott Esmail
Do you charge tenants a lease renewal fee and if so how much?
I manage my own properties in Orlando Fl an own my own property management company. In the past I have not been charging a lease renewal fee when the past year lease expires. I have been just letting the leases go mon...
Steve Sayler
Fired Prop Mgr, now getting charged with "Cancelation fees" - Is there a solution?
Owner Termination - Cancellation FeeSomething you never hear about is HOW can an owner terminate a Prop Mgr!. In my case I was fed up with lies and incompetence, and switched to another local Pro mgr company. but I a...