All Forum Posts by: Ben M.

@Ben M. As an owner of a property management company, we do charge a small fee for the renewal (and we don’t make any profit from it by the way) because we use that to pay for a professional 3rd party inspection prior to being offered a renewal. If they don’t renew, we eat the cost of the inspection. We actually do care about our owners, properties and tenants, as this is a benefit to all parties and really helps on the backside for security deposit claims, as we have on file a move in, renewal and move out inspection reports.

Thank you Kim. To verify it is the tenants that are being charged for the fee and not the property owner is that right?

Yes, that is correct

Thank you Kim. What is that inspection for?

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Originally posted by @Kim Meredith Hampton:

Thank you Kim. To verify it is the tenants that are being charged for the fee and not the property owner is that right?

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Originally posted by @Scott M.:

Love it or hate it (well, who is going to love it?) it is common for PM companies to charge their clients a renewal fee. No set standard and varies wildly but most will charge for this.

Hi Scott, I don’t mean the property owners but the tenants themselves being charged. Is this common?

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Is it standard for property management to charge renewal fees to tenants if they want to renew their lease?

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What is involved as far as cost and scope of work to separate water meter/billing for a duplex? Thank you

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Originally posted by @Bhoomaiah Patha:

Hi, did you end up going with them? Any feedback?

No I did not. Went with another local property manager. Thanks!

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Has anyone used rent marble for property management? Thank you

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Originally posted by @Scott M.:

When I read your headline I assumed you meant a repair escrow. But you mean that the tenant pays the first $x of maintenance calls correct?

Hi Scott, yes that is correct. Thank you

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I am looking at using another property management firm. They seem to have great feedback, however, the thing that concerns me is that they don't have a repair deductible. Would this really be an issue and will cause tenants to keep calling about minor issues?

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I have hired a company to do the tax protest for me. Last year the assessed value was 110k and the tax protest company brought it down to 107k. This year the assessed value was a WHOPPING 208k and the tax protest company brought it down to 138k.

Has anyone seen this type of increase? An increase by 100k after only one year seems very unusual and I had to pay a big fee to the tax protest company to bring it down to 138k. How does someone assess a property and increase it by 100k after only one year and I did not have any upgrades or major changes.

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All Forum Posts by: Ben M.

Ben M. has started 143 posts and replied 297 times.

Post: Tenant pay renewal fee

Post: Tenant pay renewal fee

Post: Tenant pay renewal fee

Post: Tenant pay renewal fee

Post: Separating water meter for a duplex

Post: Rent marble for property management

Post: Rent marble for property management

Post: Property management - no repair deductible

Post: Property management - no repair deductible

Post: Shocking tax increase