Sentences with phrase «of rent collected»

The Principal / Interest payment MUST be no more than 50 % of the rent collected.
While most incumbent property management companies charge a percentage of rent collected, Castle just charges a flat fee of $ 79 per unit per month.
Wharton Realty v. Main 38 Realty, Inc. (289 A.D. 2d 177)- plaintiff agreed to provide a tenant for owner in exchange for a portion of the rent collected; such activity constituted regulated real estate activity; plaintiff was not licensed as a real estate broker and accordingly may not maintain action to obtain compensation for acting in that capacity
Seems someone could make a master lease stating the homeowner receives 92 % of rent collected and keep the 8 % without paying RE license and broker fees.
So, 18 months of rent collected in a 20 month period (18 + 2).
You charge a monthly fee based on a percentage of rent collected.
The principle and interest payment is now just 28 % of the rent collected!
While most incumbent property management companies charge a percentage of rent collected, Castle just charges a flat fee of $ 79 per unit per month.
Lenders will look at your Schedule E to verify the amount of rent you collect (showing them a lease won't cut it), and determine how much you spend on the property.
Don't worry though, most property managers assume all of your rent collecting responsibilities to make sure that tenants pay their rent in full and on time.

Not exact matches

«Such assets can be, and routinely are, used to supplement retirement income — for example, by downsizing the family home at the point of retirement, collecting rent on an investment property, or selling off a business and investing the proceeds,» Vettese wrote.
«The rest was largely generated by mining itself and, to a much lesser extent, by collecting management fees from the mining pools it operates and renting out the mining power of its mining farms through cloud services.»
Instead, the company collected data from other companies the people chose to do business with, and much of that business was stuff people can't get by without, like renting or owning a home.
In June, I travelled to Russia with Nicolaus Tideman to meet with some of our Georgist counterparts and help create a program for local communities to collect land rent.
The benefit of flipping apartments over single family homes is the ability to collect rent while the property is being marketed for resale.
The fascinating thing to me is, even though now more than 90 % of their stores are franchises, in most cases, McDonald's still owns those buildings, still collects rent, in addition to the franchise fees for all its franchises.
The asset managers in turn become landlords collecting rent from tens of thousands of rental properties.
With 25 consecutive years of dividend growth, a yield over 5 %, the possibility that shares are 7 % undervalued, and the ability to collect «monthly rent checks» without having to actually go out and do the hard work typically involved with being a landlord, this is a stock that should be on every dividend growth investor's radar right now.
If you continually use the money generated from passive incomes, like earning royalties from an ebook, collecting rent, or cashing in cash back rewards, and put that towards your debt — you will accelerate progress and get out of debt using passive income faster.
If you rent on Airbnb only, as of May 1, 2017, Airbnb will collect and remit the tourist tax on your behalf.
The first element in my plan to re-rubalize the economy is to stabilize Russia's fiscal finances by the only form of tax presently available to be collected in practice: the economic rent generated by Russia's fuel and minerals companies, land and public utilities.
Public collection of economic rent can be collected without affecting the supply of fuels and other raw materials, land or public utility services.
You may be able to collect enough in rent from the other units to cover most of your mortgage payment.
You pay a management company to find tenants, collect rent and make sure the yard is trimmed; the walk is shoveled in snow season, that kind of thing.
You not only collect monthly rent and make a profit from it, but you can also use the rent to payoff the actual mortgage of the property (bringing you closer to actually owning the asset).
With Marketplace I think of Amazon as, in a sense, being the mall owner and collecting the majority of a retailer's profit as rent.
So what if I would rather collect my well fare check, head down to the Piggly Wiggly and buy me a box of slim jims to snap into, then ride a city bus back to my rent controlled apartment so I can use someone elses wireless connection to get on the internet so I can complain about Obama giving those other people, you know, them dark skinned ones, lot's of stuff they don't deserve.
Oakes said earlier that the Park District would own the property just west of Kensington but collect rent from two businesses that have five - year leases.
Afade allegedly led the victim to Dansoman to meet a woman, identified as Salomey Morley, who posed as the landlady of a house and collected GH cents 7,200 as rent for two years.
«In 2012, the government reformed the HRA subsidy system so councils keep all the rents they collect from their homes, and receipts from sales of houses or land, giving them the freedom to invest them in building new homes.»
He really needs to get focused on what to do with the rest of his life besides collecting rent from his wealthy real estate family and negotiating lower prices at the restaurants on Madison Avenue.
In Oyo State, an estate agent, Mr. Funso Ogungbade, said he had invested the sum of N3.5 m, part of which was from the rents he had collected from tenants on behalf of some landlords, in MMM.
None of them will discuss the erosion of our tax base by slumlords who cram poor people into firetraps and collect their rent in cash.
She collected $ 600 per month to rent the space, set up the phone bank, and organize the candidates» promotional material on a table: local commissioner here, prosecuting attorney there, state assessor here, President of the United States there.
Brooklyn District Attorney Ken Thompson today announced that two Brooklyn landlords have been indicted on unlawful eviction and other charges for allegedly forcing or attempting to force rent - stabilized tenants out of their homes by allegedly destroying their apartments and making them uninhabitable in an effort to destabilize the apartments in order to collect significantly higher market - rate rents.
When was the last time he was out of a job and collecting unemployment so that he can buy food for his family, gas for the family car, rent for the house?
The Rockland County owner has stayed relatively current with city property taxes and continues to collect rent from tenants, but Elmwood Heights LLC owes the county four years of back taxes and interest — more than $ 29,000, the highest outstanding county tax debt found in The News analysis.
Topics in the Q&A included the source of money for the City's planned pre-K advertising campaign, the City's target number of pre-K applicants, whether Speaker Silver thinks the proposed income tax surcharge should be pursued next year, how the pre-K selection process will work, how the City will cover the approximately $ 40 million annual gap between the estimated cost of pre-K and the amount provided in the state budget, when parents will learn whether their pre-K application has been accepted, how the City will collect data and measure success of the pre-K program, whether the existing pre-K application process will be changed, how the City will use money from the anticipated school bond issue, the mayor's reaction to a 2nd Circuit ruling that City may bar religious groups from renting after - hours space in public schools, the status on a proposed restaurant in Union Square, a tax break included in the state budget that provides millions of dollars to a Bronx condominium project, the «shop & frisk» meeting today between the Rev. Al Sharpton and Police Commissioner Bratton and a pending HPD case against a Brooklyn landlord.
De Blasio took in $ 68,750 collected by Arana Hankin, senior vice president of WeWork, which is adding residences to a building at 110 Wall St., where it rents communal and private offices, records show.
But Murphy collects more than $ 400,000 a year directly from the Onondaga County Department of Social Services, which sends him rent payments for tenants on public assistance.
I've rounded up a few of my favorite dresses and collected them here, all available to rent now.
In addition to collecting over $ 41,000 from the national education reform organizations, the Students For Education Reform (SFER) PAC in Colorado also received more than $ 17,000 via in - kind services from SFER itself, most of which was to pay for SFER staff assigned to the Colorado campaign, along with the payments for voter lists, rent and other costs related to their «independent» expenditure in support of Denver's pro-education reform candidates.
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Co-housing / renting out part of your home — if your home or property is large enough, you could rent out a room or portion your house to collect a steady flow of rental income.
Most management companies charge a percentage of gross rents collected; typically between 3 and 15 percent.
On average, management fees for one home will cost you 10 percent of the monthly rent collected.
You collect an up - front down payment to increase the amount of cash you pull out of the property from day 1, and in addition, you can get a higher rent by offering the tenant monthly credits to increase their down payment.
Your loss of income coverage, or «rental reimbursement,» will prevent you from losing the income you would have had if you were collecting rent.
Typical costs for a property manager can range from 8 to 12 percent of the collected rents and some companies charge leasing fees as well.
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