This post is based entirely on advice that I've received from other wholesalers as well as experts here on Bigger Pockets, and I welcome any correction or additional advice.

There are many property managers that charge 1/2 month's rent for tenant placement and then 8-10% monthly fee, so 5% and 37.5% isn't that unreasonable if he's actually handling the management and you're still receiving rents.

Hi, I am receiving BP keyword alerts, but when I went to turn them off, there were no keywords set in my BP account.

I researched repair costs and received a quote from a GC for 16k to fix up the place and talked him down to 12k.

Having completed a thorough due diligence, I expected this to be a learning curve for them but am still surprised that on July 1st I received, count 'em, NOT ONE RENT CHECK!

Hi all.A family member recently received an offer on some farm land that is in one of the nicer suburbs in the Twin Cities.

Typically when a manager takes on capital, from the day it is received by the manager, the return is calculated against that time.

Receiving a written confirmation from a registered broker-dealer, SEC-registered investment adviser, licensed attorney, or certified public accountant that such entity or person has taken reasonable steps to verify the purchaser's accredited status.I highlighted the "non exclusive" bit, which I think (not a lawyer, though) means there could be other methods.

Although I have not contacted a lender about a conventional loan, I have a feeling I will not be well received based on other investors experiences who I know personally.

I assume that you do not receive the PM monthly because you are part owner of the property.