A property manager may have their real estate license but not be a real estate agent, and vice versa.Depending on the state, you may or may not need a real estate license to become a property manager.

It would reduce to 20-30%.Hence, is it still a vice decision to buy a duplex and house hack?

If you hold more assets than your partner, you are at greater risk and vice-versa. 

@Keisha D Dobney-BoykinCap rate = net operating income / price of the houseHigher cap rate means cheaper property and vice versa.

My understanding is, if you have some loan on your name that means you’ll have to put more down payment for any future loansQuit claim is the process when you move the building from your personal name into your LLC, and vice versa.

For instance, the owner could exaggerate the amount he owes $15,000 when it is actually $10,000 or vice versa he could under tell you.

There are a lot of people moving form NE to FL on a daily basis and vice versa. 

A pair of vice grips and pipe wrench is all you need to do the job.

You can leverage your capital, time, and resources to grow your portfolio quicker than investing 100% of yourself in the project and taking on EVERY aspect of the deal yourself (Ex: cold calling/finding a property yourself, buying a house all cash, renovating the house for cash, rehabbing it yourself, listing it yourself/finding a tenant yourself)Leveraging would be using a team (wholesaler, RE agent, contractor, bank), although specifically in the definition above it references leveraging your capital, so getting a mortgage vice saving up and buying all cash.Hope this helps!

I’m looking to make contact with a wholesaler in Kailua-Kona, Captain Cook, Hawaii.