For those of you using a property manager, if there is a late fee assessed for late rent does your property manager keep that fee or remit that to you? My tenants were late and a 50 dollar fee assessed and I was surp...

If your property manager charges a fee for late rent payments, do they keep it all? Should they split it with the owner?

Hi all,If a tenant pays a reservation fee in preparation of moving forward and getting ready to sign the lease and move in, then he backs out. Who keeps this reservation fee? The Property manager or the landlord? I wo...

I received this lovely postcard in the mail today, from a well-known, very large management company in the Smokies.  They are offering to manage my cabin for a paltry 10 percent fee!  Or are they?
I went to their web...

HI all,I have a tenant (Texas) with an upcoming lease expiring and wondered if I can raise the late fee while going month to month? Does this require a new written lease or just a written notice regarding a late fee i...

Greetings,First time landlord here who decided to utilize a property management team since I am military and won't be in the local area to oversea operations.  I chose one because their contract that I signed with the...

I had trouble with minimum balance fees at my local bank and it was driving me nuts.  With accounts at multiple banks and minimums different at each institution, I could never remember what the minimums were until I c...

I am selling one of my rental properties. The current tenant paid a $600 pet fee (2 pets @ $300 each). The lease calls this a pet fee, not a pet deposit, and states it is non-refundable. The buyer has rightly requeste...

I'm going over the PM agreement with a new property manager and there are a few things raising a red flag to me that I'm wondering if they are standard (or becoming the standard): -an additional 10% (on top of the 10%...

- The way I usually conduct my terms, varies from house to house. For address 123 Funny Lane.... I might charge a 250.00 MOVE in fee, With a 1k Security Deposit. For address 356 Cool Lane... I may charge a 100.00 move...