I just closed on my first multi-family located in Shaker Heights, OH. It is currently a two family house (first floor and second floor apartments). Each is separately metered for gas and electricity-which the tenants ...
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 ...
Hi everyone,
I’m getting ready to rent out a back house in Los Angeles 2 miles from the beach and next door to a lovely park for $1650 per month (water and gas included). They will also get half of our semi-private ...
My wife and I own 14 short term rentals in Carolina Beach, NC, and we also co-own a property management company that manages another 54 listings. We’ve tried to vertically integrate and we just signed on our own line...
Utility question for furnished housing. So on a furnished house that you are leasing month-to-month or however long the tenant wants to stay with utilities included can you limit how much utilities are used? Basically...
Anyone know if CAM - Common Area Maintenance fees are included as gross income for purposes of calculating property management fees. Stated differently, we specialize in residential property management but are gettin...
I’m closing on the sale of a duplex on Friday, and I’m trying to figure out how much I will need to set aside for capital gains taxes. How do I figure out my cost basis? What expenses raise my cost basis? For example ...
Hi;
I am buying a property for 495K all cash and I fell like I am getting charge more than what supposed to be. I thought cash buyers only have to pay escrow fees and a binder fee instead I'm being charged $3,125 in ...
Early Termination in Minnesota - What do I Use?
I am having trouble figuring out what to put for the early termination for my lease. I know there should be fees, but can someone point me in the right directio...
Hey all! My company currently manages LTR's throughout the Denver metro area. In the last few months we have received several requests to work in the MTR market and want to vet it out. Looking for some advice on the f...