Brandon Yuan
Legal budget for small apartment acquisition
How much is a reasonable budget for legal cost for small apartment acquisition (20 to 30 units)? Activities may include review/revise contract (any special language addendum outside of standard TAR contract), review t...
Tony Castronovo
Common Approaches to Option Fees and Earnest Money
What is the norm with regard to option fees for feasibility and earnest money related to MF apartment deals? Regarding option fee, I think I got lucky on my last deal at $300 for 30 days. The current deal I am worki...
Vasundhara Ranjani
Listed Property, Got Offer but Changed Mind - RE Commission?
So I listed one of my multifamily properties for sale and got a couple of offers. Over the past week, circumstances have changed and I want to keep the property and not sell.
RE agent is now saying I still owe commi...
Debbie Mitchell
Which utilities should landlord pay?
Hello,I am ready to rent out my first SFR in Pasadena, CA., and will be managing the property myself. Regarding who pays for which utilities, is there a standard approach or model in Pasadena. The yard is new and n...
Kas Filippova
Need a Mid-Term Lease Agreement
Hello,
Can anyone recommend a place where I can get a mid-term lease agreement from?
Thank you!
Aus Smith
Property Management - Contract and Fee Structure
Hey All, I am a CPA who works directly with Property Managers. I have worked full time as an accountant for a property manager for the last six months. I am looking for information for contracts between owners and pro...
Curtiss Venn
Utilities, electric, gas, heat, hot water
What is the standard in Hudson Valley area regarding utility responsibilities? For a SFH, should the tenant pay for all the utilities or is there a standard in the area for owner to pay for heat and hot water? If th...
Michael Wu
Challenges surrounding utilities management
Hey everyone - I'm trying to learn more about the challenges of utilities management for landlords. Does anyone have any pain points / challenges that they'd love to share?
For context, I'm currently doing research o...
Mike Corrill
I'm clueless, and have weird needs.
Hi, everybody.I have no idea how to go about this. I'm thinking of buying some cheap property that meets a few specific requirments. I don't really care about the location or even the value. I guess my question is: Ho...
Chris Dickey
Multi-Family- 4-plex Utilities?
Looking at my first multi-family today (4 plex). Got a copy of the rent roll and it appears that the current owner is paying all utilities (water, electric, garbage etc)....cutting into a major chunk of the monthly c...