All Forum Posts by: Peter Li

Trevor - I would be very much interested in these parcels. Can you send me his/her contact.

TIA,

Peter

Hi Shannon,

Apologize for the really late response as I never see your message. And yes, if you are still active in the areas you have mentioned in your earlier email, I think we should have a chat. Let me know.

Thanks,

Peter

I realize this thread is from a few years back, but any update on the vacant lots. Or other new opportunities?

I totally agree and the thread is just trying to get some basic ideas of what's out there . Btw, my investment properties are in FL now.

8% is based on the actual monthly rental received? And your service include finding the tenant for your property?

So there is no different between getting a new tenant and doing the background check vs simple renewal/extension of the existing lease? 

What would be a typical management fee that a RE management firm can charge on managing your property?  I know most would charge certain % on the initial rental (setting up with a new tenant) and another % for the renewal of the lease.  I know there really isn't any typical arrangement but I just want to see what are some of the general practices are out there in the market.  TIA.

I presume the management fee is an ongoing fee that is based on the monthly rental income.

When you said they are expensive, what kind of fees do they charge?

It is another turn-key RE investment firm and they seem to have a pretty broad national coverage. But would like to do my own DD and see is anyone has any firsthand experience dealing with them. TIA.