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Hello BP family!So I am a newer Investor/Landlord (since 2014). My question to fellow investors and landlords is how do you charge your late fee structure on your lease agreement, and how much do you charge? My state ...
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I have a great tenant, going on Year 4 in a SFH in an Indianapolis suburb. I did a 6% rent increase ($90) for 2023-2024 and did a less than 2% increase ($30) this renewal 2024-2025. New rent is $1680. The increases a...
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The required security deposit/move-in fee of $2795.00 breaks down as follows:Non-refundable administrative fee of $100.00--I get kind of like the $299 dealer doc fee a car dealership charges(Isn't that a part of busin...
What do people think of Airbnb's "Extra Guest Fee"? Good idea, bad idea? I've recently had to switch cleaners and that is costing me an additional $50/stay. I could pass this along directly in the cleaning charge, but...
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I am curious of property management and their fees. Anywhere from 5%-10% of monthly rent? Lawn or snow maintance is just charged to the owner or is included in the above %. Then come tenant screening time, is there a ...
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Hello, I'm looking over PM fees, and I was hoping I could get some advice. I'm new in the game, and I believe this PM company will be a good one based on reviews and attention to details when meeting with them severa...
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We have not allowed pets in the past, mostly because we have not had any problems finding tenants without pets (but a lot of pet owners asked anyway). We are about to have 3 units in duplexes available for December 1,...
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Hi Newbie here!
I was curious as to whether any landlords (residential) accept credit cards as payment and any pitfalls they have had.
I understand that it isn't the same as cash but...
Thanks.
:mrgreen:
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I am currently marketing my first rental (sfr) and a few prospective tenants have a pet. Just curious as to what folks out there are charging in terms of pet deposits?Basis for amount charged?Refundable/Non-Refundable...
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Am considering going in as a first time investor / hard money lender (limited partner) on a large (150+ unit), ground-up multi-family.The opportunity came to us by way of one of the managers of the deal, who is a frie...