Jorge Soto
Application fee for tenants
Hello BP community!I am buying a triplex and both tenants are staying so my question is. Do you charge a tenant an application fee when you take over the property? This is my first investment property so I am not sure...
Jihyeon Park
Canceled Application fee refund
My landlord choose me as a tenant and changed her mind in last minute. She even didn't let me know her change of her mind until I texted her as no one was contacting me. I didn't sign a lease, but I have her text that...
Brian Kertscher
FHA Application Fee Worksheet
We are working through an FHA mortgage and starring at the Application Fee worksheet. I see a processing fee, underwriting fee, doc assembly fee, lender fee, lender title policy, owner's title policy, closing fee, Tit...
Jeff Ryers
Question on application fees
I am hoping to get some feedback on application fees. We are currently charging $50. We have had many people ask for the application. Only one has filled it out. is it too high? Should we be charging at all?
Rebecca Sole
Application Fee and Sites
Hello BP,I'm working on providing a background check and credit check for a landlord I am representing. Would anyone be able to point me in the right directions as to which sites to use, and how much to charge as a fe...
Larry T.
Application fee not enough
Hello,
As has been my observation, a normal application fee is 20-25 dollars. But if there is a married couple, and you have to run reports on the husband and wife individually, then that would cost at least 40 dolla...
Jonathan Jordan
Requiring application before showing? 2 part application fee?
Hello all,The below questions come from a landlord friend of mine I help out on occasion:Wondering if anyone out there requires paid (I use aparments.com) applications to be submitted before showings? With the plethor...
Susan O.
Fees for commercial lender --upfront application orig fees?
This lender I'm trying to work with that my loan officer found wants to charge a $2500 lender fee upfrontIs this common in commercial lending? It's for a multifamily. I've never had to pay fees up front. Also their...
Alyssa Paros
Application fees, yes or no?
Do you charge application fees? What is your rationale for charging or not?
Kim Cooper
State of Michigan Application Fee
Hello, I am new to all of this and learning. For those landlords in Michigan - is there a maximum application fee for prospective tenants? I know some states do, but I am sifting through Michigan law and just not fi...