Let me preface this by saying, we have an appointment with an attorney to ask these questions as well but wanted to reach out to the group for your thoughts/ suggestions...... My partner and I have been thinking about...
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I have been using the same property management company now for about 4 years and have an 8% management fee on rents and there is also a lease renewal fee of 50% of one months rent. The lease renewal fee after researc...
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A new crowdfunding deal (I will not name so I will not have to deals with lawyers etc., again) is for a fund to buy up 24 multifamily units located in Drexel Hill/Upper Darby, Pennsylvania. 12% preferred, then 60/40 s...
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We'd like to think we have pretty detailed property management contract. We list everything we think has about an 80% probability of happening, with any correlated extra fees if it's not covered by the management fee....
Hey guys, question regarding the hold deposit for a new lease. I'm requiring the first, last and security of 1 month for a new lease. I think that's pretty standard. One thing I don't know is, do people require yet...
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Has any one heard of this before, They want you to pay 3500 for there software so you can manage your accounts. It sounds lke we can do this with out paying for the software.
Any info?
Thanks
FD4
Hello. I am looking to make my first offer and it is a complex situation on the seller's end (POA is selling the house) and their agent is fairly new to the business. I do have an agent helping me with the purchase a...
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Our current rental house tenant with one year lease was found by a realtor who we paid 5% yearly rental income as her commission when we rented the house to the tenant. The tenant wanted to extend the lease after a ye...
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I manage a duplex where the owner pays for water. I received a call from the water company telling me we may have a leak because of the usage. Upon inspection at the property, we found that no lines busted but that a ...
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A friend asked me about a SFH being auctioned on the court house steps in a Texas county. At the conclusion of the sale I understand that the mortgage is no longer attached to the title. It becomes an unsecured loan (...