Originally posted by Jeff Beard:PM is typically an 8% gross rents business PLUS 'fees' and that's the trap - -nickel & dime you to death.I wish I could send you a link to our negotiations class, but it's not available outside of the full educational package. 

I think we're going to be able to strike an agreement to buy in as-is condition.This is my first potential deal, and I wanted to educate myself a little bit on what to do with code violations.The house has had many self-done add-ons by multiple owners since its original construction. 

(DO Ask for receipts if it's for material deposits.)Share competing bid information and "bid shop".Encourage bidders to get into a bidding war.Try to low-ball contractors.....they will try to cut corners or make it up with change orders a lot of times.And finally, DON'T assume that "All Contractors are Crooks" or that "All Contractors Will Rip You Off".  

As soon as you close do it comfortably on an improved property get the exterior door locks changed.  

I am looking in the education webinars and havent found it.  

When I feel educated enough, I'll also be looking to buy and hold multi-family properties in Tacoma.

Instead I educated myself in online and offline marketing.  

I especially love this one as it is so current:"When industry trailblazers change course, you should wonder why.

What if you could encapsulate off each market invested into and then move money as the particular market changes? 

Make sure to check out Education for all your REI learning.