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$269,800 loan. Loan origination charges are $4,670 (origination fee) and $1055 (underwriting fee). My loan is a 5% down owner occupied conventional loan at 7.5% interest. At first glance, this seemed high to me but I'...
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I am in the process of renting out a unit and will allow pets. I have been back and forth about how much of a non-refundable pet fee to charge. I have also been trying to decide whether and how much to charge for pe...
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I saw a few people who recommend to roll the sewer/water bill in the rent costs so theoretically you could charge more rent to absorb that cost. For my area that works for heat but it does not seem to matter for ...
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How should rental advertisement be handled with a property manager? Should it be included in their fee or should I be paying it separate? How much should I allow for advertisement, to make sure the property manager do...
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Hey Everyone!
So I’m currently in the process of planning to building a JADU and I’m in the step where I’m looking for an architect. I’ve gotten a few quotes from 1200, 5k, 10k. The 1200 one was from BP which redire...
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Hi, I'm renting my 2nd property after starting in February to invest in real estate. The first property was rental ready and only had a about $800 worth of cleaning and cleanup needed to put it on the market. It re...
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BP, I just purchased and rented out my first (2) student rental properties. The first group of tenants moved in on June 1, and the others on August 1. For the first group, we put together a Move-In form with detailed ...
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I'm trying to round up all the different types of fees a landlord could charge their residents. This isn't my favorite income idea but there is no doubt collecting fees is a way to prevent more costly mistakes. What's...
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Hi Biggerpocketters,
I am currently reading Brandon Turner's book 📚 and I have noticed that he kept saying when it comes to expenses that need to be paid each month, he would include utilities.
Aren't utilities paid...
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I'm selling a home with no liens. Yet the title company insists on charging me a Lien Procurement Fee as a title services charge. They say they charge this to cover the work they have to do to clear title so the prope...