Hello BP world!I apologize if this may have already been asked/discussed, but here's the gist of it: I purchased a 3-unit property at an awesome price (under $50k), in a good area, that needs rehabbing!  Estimated tot...

They all just repeat each other saying buyers agents will no longer be paid, or that sellers can’t pay them now, or that commissions were fixed at 6% before this and are now negotiable (there was a lawsuit about this but it was in the 1950’s).

@Tristan S.:  lol, I didn't GET such a list, I got ON such a list.

I separately end that paragraph with: “Landlord encourages the use of email for all non-emergency communications or as a follow-up to emergency phone call(s)/message(s).”

If they are 3/1's I would 100% add another bathroom in each unit. 

John, to circle back to something I just noticed about your explanation of "flat rate" billing, they actually did send me an itemized quote that included 'Labor hour(s)' multiplied by 'Hourly rate.'

I invested in the Bay Area from mid 1980's to 2015.

I also know plenty of RE agents who continue to buy off market properties at a bargain and they have not experienced any legal issues. 3) Business structure - keep under my building LLC (taxed as S-corp) or start new, then transfer properties that I keep to my holdings company. 4) Overall concept feedback?

Assuming there is no C or S corp election in effect for the LLC, then real estate held in the LLC can receive a step up in basis just as real estate held outright can.

-you will have to manage your rehab - make sure everything needed is done on time and on budget, and if anything is outside of the scope of work of the main contractor(s), you find someone to do it, in coordination with the main rehab, and without delaying your project.