All Forum Posts by: Marco Santana

 Hey Eliot,

Thank you for the key questions:

• What is your leasing fee? 10%
  
• What reserves do you require? 250$
• Can we cancel the contract at any time? A 90 days notice before ending the contract
• Do you charge a fee for move in or move out inspections? yes
• What security deposit do you require for your tenants? One month rent

 Thank you, Nathan! I will verify all those questions with the PM.

Marco

Hello everyone,

I was looking to get some insight and advice on PM agreement, I'm about to close with a PM, and as an investor what should I be aware of in the agreement or important key factors?

Thank you,

Marco

Thank you @Cody Neumann I will check the comps over.

@Andrew Postell thank you for the advice, I'll check the area comps and get better insights where to invest wisely in the rehab.

@Nicole Heasley Beitenman. the kitchen cabinets need to be secured, need to add some new appliances. the bathroom need to replace the tiles.

Hello Investors,

I've just purchase my 1st rental property and I have a Limited budget for rehab - 15K all-in.

The kitchen and bathroom need some work, the floor carpet need to be removed and the house might need some paint.

My question is:  where is the best room to focus 1st that will provide higher rental and contribute to refi.

Thank you,

Marco

Hello Investors,

I'm about to partnership with another investor who's account for the cash (down payment), and I would like to know what is the best and common JV structure on splitting the profits (Rentals)?

I will be account for bringing the deal, the project management and the refi.

Thank you.

@Andrew Postell thank you, I will post it on the: Business plans and Entities.