Peter Sik
PM charge late fee but no reasonable reason
After pm forwarded my case (tenant did not pay rent) to collection agency, the judgement claim balance is $7,569.33. The debtor will make $200 monthly payments until paid off.
1/3 of the $200 goes to the agency, an...
Jeremy Porter
Unlocking Orlando's Property Management Potential
Discover how effective property management can unlock the full potential of your rental properties in Orlando. From maximizing occupancy rates to ensuring timely maintenance, it plays a crucial role in achieving long-...
Brandon Sowers
Fair rate and fee increases from your PM
My PM firm is located in NC and we manage just over 800 doors. Our management fees have gone basically untouched for the better part of 10 years. Our firm has a very simple fee structure that includes 8-10% of RENT CO...
Jack B.
Would you include evidence of damages when returning a deposit?
Returning it with deductions that is. Tenant seems sue happy, a scammer based on my dealings with them. Would you include proof of unpaid bills, pictures of garbage left behind, etc.? I want to dissuade these fools fr...
Monica Kovalsky
Property Management
What maintenance and repairs items are typically included in a property management fee?
Nathan Mauzy
Tax on property management services?
I have three rental properties in the Houston area. My family and I recently relocated to Arizona and so we reached out to a friend who has a handyman business to ask him to property manage for us. He is asking questi...
Elizabeth Najera
House hacking Questions On Utilities & Mail
Hello fellow investors!I am looking to buy a property, and have some general questions, since I'm looking to house hack as I start on this investment journey. I've listened to many podcasts, where a lot of people star...
John-Paul Rodgers
Deal analysis, please help a newbie!
Price: $500k, Lots 24, 100% Occupied, 19 units park owned, all older units (70s-80s) .Gross income: $96000, Expenses $46k not including park management. So maybe knock off $10k per year which at a 10 cap would imply ...
Brian Knox
Comparing two lenders' closing cost estimates: apples to apples?
Two of my lenders sent their "closing cost" estimates for a loan amount of about $50k.One guy seems to have included everything and the kitchen sink (termite inspection, entire year of home insurance, courier fee, etc...
Melody Dodderer
Should I pay utilities?
Hi guys! I'm analyzing duplexes in Spokane this week and I ran across an idea I hadn't considered. People are saying that with a duplex you should have the tenant pay for water/sewer/garbage and also do their own lawn...