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Is it normal for a Property Manager to charge a $50/unit vacancy fee when the property is vacant?"A monthly fee of $50.00 per unit per month for all vacant single family residences and multi-family residences.Is it al...
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Just closed on my first property (duplex) and I need help!Long story short: The tenant does not have a signed lease (Owners may have forged, and I did not do proper due diligence) and I need to have her out. We've agr...
I am beginning to managing vacation rentals . Right now, I am assisting (cohost manager), and the owners are filing the various income /hotel motel taxes, and paying me a percentage to manage the property and guests. ...
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At what level unit do people include a washer/dryer dishwasher? I like to rent to families and that is often an important piece. My goal is to provide a good value to my renters. Do people buy new with a warranty o...
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Since launching our website and Facebook group, the number of requests has skyrocketed. Buyers and sellers are lining up for deals. While we primarily focus on the Texas/Oklahoma market, apparently receiving a commiss...
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There is a 12 unit multi-family that is on the market in a college town near where I live. The units are 1 and 2 bedrooms and priced just about at market. The landlord has moved out of state and this is the last of ...
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I have asked Airbnb for years to add pet fees so that they can be inclusive to families with pets. Vrbo has had this from the beginning of time that I have been using them.Now your guest can just select this upfront. ...
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With all the discussion about rent collections during the COVID-19 pandemic and shutdown, it's important to understand how one dollar of rent is allocated by the property owner. According to the National Apartment Ass...
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Student rentals bring along with them different challenges a whole different crisis during this pandemic. Nearly all academic institutions have gone online and therefore students who had signed one year leases have re...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $410,000
Cash invested: $10,000
Purchased an off market 3 flat with 3.5% down payment and requested 6% sel...