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What is a guarantor on a rental property?
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A Rent Guarantor is the legal term for an apartment co-signer, or a person that agrees to be legally responsible for the apartment, its condition, and the money owed for rent. Landlords want responsible renters, yet often due to history or a lack of experience, it can be hard to justify that they will be good renters.
What is a fixed income investment?
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Fixed income investments generally pay a return on a fixed schedule, though the amount of the payments can vary. Individual bonds may be the best known type of fixed income security, but the category also includes bond funds, ETFs, CDs, and money market funds.
How much does a real estate agent charge to manage a rental property?
Asked by unknown
1 Answers
Typical Fee Agreement. As a baseline, expect to pay a typical residential property management firm between 8 12% of the monthly rental value of the property, plus expenses. Some companies may charge, say, $100 per month flat rate.