![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/253886/small_1621436472-avatar-simchad.jpg?twic=v1/output=image&v=2)
6 September 2016 | 24 replies
S/He's probably already got one foot out the door and is just waiting for someone like you to come by and offer to buy it at a reduced rate; because after you pay contractors to bring it up to a good standard you still want to be within the FMV/ARV.For you, though, the biggest thing is vacancy rate and income.Nonetheless, if I were you I'd be happy to pay a wholesaler.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/386745/small_1621448321-avatar-lyuba.jpg?twic=v1/output=image&v=2)
3 September 2016 | 23 replies
Remember though, of the ten most common reasons agents get sued two are:1. misrepresentation of value2. fraudWorking as an agent you probably have E&O insurance.
5 September 2016 | 7 replies
Realty Tax is about 18k a year insurance $7500 water sewer avg $16k utilities $8-9k.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/334446/small_1621444976-avatar-ryanm50.jpg?twic=v1/output=image&v=2)
8 September 2016 | 16 replies
yes, a fork from OpenOffice :) I've dealt with software versioning for decades and as the MS *.doc is the comparability standard, moving off OO will be trivial if/when than becomes necessary
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/220388/small_1621434168-avatar-stealthwealth.jpg?twic=v1/output=image&v=2)
5 September 2016 | 3 replies
A closing attorney will order the title prior to scheduling a closing, and should offer you title insurance.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/126576/small_1621418087-avatar-nc_chris.jpg?twic=v1/output=image&v=2)
26 September 2016 | 15 replies
If so, it would be a way to insure that I am not over contributing to a 529 plan if she is able to get a scholarship and also a way to reimburse myself for the rental property using tax free money.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/413125/small_1621450013-avatar-billr15.jpg?twic=v1/output=image&v=2)
6 September 2016 | 3 replies
Becoming an agent has costs to operate Day 1 which includes: additional car insurance (required to drive people around), licensing fees, dues (state and national), fees to operate a Supra key, to be on MARIS (MLS), prepaid legal fees, etc.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/268723/small_1695778939-avatar-josej1.jpg?twic=v1/output=image&v=2)
7 September 2016 | 4 replies
For renters you are best staying with the standard full flush toilets.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/395913/small_1621448899-avatar-dcornett.jpg?twic=v1/output=image&v=2)
4 September 2016 | 10 replies
And talk about predatory, points on my sale price, not good.As to originations, there are many RMLOs out there who think they are compliant in doing seller financing, actually not from several fronts, their employer/broker must have such loans in their charter, insured and bonded lenders aren't covered with equity funded notes, and if they do any volume they may have loan concentration issues of high cost mortgages, this goes much deeper than what our newish loan originator testing goes to that they learn and it doesn't even go into underwriting!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/241832/small_1694706099-avatar-dmk05d.jpg?twic=v1/output=image&v=2)
3 September 2016 | 6 replies
Yes, as far as a PM, you are pretty safe figuring 10%, but a few phone calls to different ones in the area will give you that answer. and Jeff Beard brought up a good point as well, you will have to figure in the taxes and comp insurance for your employee.