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I have spoken with various people who impose different levels of late fee, some on sliding scale, others lumpsum fee of 5% or 4%. Some charge late fee on the 4th of the month, others charge on 6th or 10th. This i...
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We'd like to think we have pretty detailed property management contract. We list everything we think has about an 80% probability of happening, with any correlated extra fees if it's not covered by the management fee....
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Hello All - just finished setting up and putting my first short term rental live on Airbnb. I just rented out most of the previous month , and agreed to pay the property manager 18% of the booking fee host payout so n...
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I currently own and manage 7 single family properties. I've thought about getting a property manager in the future, but I really don't understand why they require a percentage as opposed to a fee for the work done. Th...
Hello,A prospective tenant reached out to me and they have a pet , they mentioned it as a small dog. Will there be any issues renting to a tenant with a small dog? Any further questions that I need to ask them before ...
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I have a person that has a couple properties he doesn't want to manage.From what I gather, the tenant used to work for him and as such they have a personal relationship that is causing issues. The tenant isn't the bes...
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Does anyone charge monthly or annually for pets? My PM’s contract says a 1x fee for pets and I’m wondering about possibly charging more though I’m not sure if that’s standard or what?
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I am currently battling with the local school district here in Orange County. Capistrano Unified School District. Their interpretation of the new ADU laws don't match up with the intent of the legislation. They are...
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I am working on crafting a business plan around apt syndication. What is a typical management fee (% of rents) that syndicators charge?
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My tenant has provided my property management company with an ESA letter from a counselor that verifies the need for an emotional support animal. My property management company says that this means we cannot charge an...