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Hey friends. I'm an NYC-based investor working on investing in the Philly market. I'm building my team in the area. An agent I've been working with said that her brokerage charges a $500 fee if I go under contract for...
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HI BP,I was thinking through a hypothetical late fee situation and wanted to get your input. Our lease agreement says that we charge a late fee if rent is past due. A tenant paid past that date and our late fee is app...
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I'm preparing to do a full renovation of my tiny (<40 sqft) kitchen and have reached out to a few General Contractors who were referred to me. One of them already came on site and separately had an electrician come...
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With most investors self manging or owning property management companies themselves, how do you decide price per door for new clients? Thanks
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Hi everyone! I am a fairly new to real estate and currently in the process of finding a property to house hack in Massachusetts (North Shore Area). I have been studying up on tenant screening laws and cannot seem to f...
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Hi there,One of my duplexes in Harker Heights (which is right next to Killeen) has not paid rent for months. Longer story there but learned a lot. Anyway, I had my court case this past Monday and of course won. My que...
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We have always taken a non refundable pet fee, varying between 200-300 bucks. But I've talked to fellow landlords in the area and they mostly add additional rent for pets, between 25-50 bucks a month. Which do you ...
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I've been listening to a lot of property management related podcasts lately to continue to improve. One thing I found interesting was that a lot of management companies have a significant portion of their income come...
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I have a 4unit and have agreed on paying my property manager 8% of rents collected. My understanding with this is they are generally responsible for rent collection, tenant management, repairs & maintenance (small...
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I used to just ask an extra security deposit on a dog or a cat. Over time I realized I would be losing out on extra income if I simply charged a pet fee instead. Im curious to hear from other investors out there if ...