Is it customary and legal to charge interest on delinquent rent and fees? In the lease provided with his book on managing rental property, @Brandon Turner, includes a clause requiring 18% interest per year on delinqu...
Hello everyone,I wanted to get your thoughts on the following rental application for a New Jersey property. This application covered most things - but I'm wondering if there's anything that was left out of if it's ask...
Hi BPI wanted to get your opinion on what is included in Common Area Maintenance fees (CAMs). I know that most if not all fees for the maintenance and care of the property are included. However one thing I am wonder...
I closed a single family home today in Massachusetts close to students living community. Thinking to renting to students with tenants paying utilities including water and sewer. Is anyone doing that? Looking forward f...
Hey All,My husband and I are Newbies to the RE Investment world, and we have lots of questions that we know you all can answer :)We are in the process of closing on an unoccupied 4-plex with an occupied apartment in b...
Hi everyone, we are thinking of charging a monthly maintenance fee to cover our semiannual preventative maintenance inspections (where we check for leaks, clean the AC unit, replace the furnace filter, etc.) and also ...
I have a difficult tenant who I gave 30 day notice of non renewal on his month to month lease, moved out 1/2/16 (2 days late). He and his family have been very difficult with the move out; his son has told me he wil...
Hello,I would like to know if there are solutions to this problem:Despite the thermostat being set to 68-70 degrees, the tenants will plug in electric space heaters and drive up the electric costs.This is a 4 unit bui...
I am working on a rather large project with my company, which includes getting all of our owners to agree on management fees to charge for each property. Our management services includes single-family/town homes, mult...