I pay 7%, full months rent for finding a new tenant, flat fee ($100) for processing a renewal, and half-months rent if the PM manages (eg; gets multiple bids, contracts out the work, etc.) any turn-over repairs, or I can do that on my own.I've got 10 properties with them and average 2 vacancies per year, so my effective rate to them is 7% of rent-roll + 2 months rent + $800 + 1 add'l month rent (2 x 1/2) for managing turnover repairs. 

Even if you have an LLC outside of California but live in California you will be charged $800 for EACH LLC you have including each and every out of state LLCs.Unless you are protecting millions of dollars in assets, it makes no sense for the average investor (who lives in California).

Rejected.Tomorrow I'll be making three more offers.So far, since putting the signs out a week and one day ago, I've averaged four calls a day, half of those leading to an offer.No deal yet, but I've grown completely comfortable with screening leads and making offers.

Download BP’s newest book here some good due diligence in Chapter 10.

Quick Question..I live in an area where the average home value is pushing $300,000 (City of Elk Grove..

If you had vacancies and it averaged higher it still sounds low.

I downloaded the beginners guide e-book and already a few episodes in the podcast, amazing!

``````````````````````````````````````Getting Buyers FinancedI use www.UpGradeMyCredit.comGetting Payments Directly from Tenant Buyer to PITI LenderI use www.NoteCollection.com```````````````````````````````````````Negotiation TrainingHere is a free "negotiation with home seller" download mp3, it is me training one of my REI students.https://dl-web.dropbox.com/get/REI/Negotiating%20T...Free no opt inGet a coach, its alot easier.

You can download the free Ultimate Beginners Guide.There is so much information on the site it can be a bit overwhelming.

I underwrite 1 on average each day that fits my criteria and discard the rest.