I have a property manager that charges 8%.The first was $110,000 3/2/2.

I was recently speaking to someone who owned a vacation condo in Hawaii and was quite shocked to hear that his property management company charges him 50% of his rental income.

The conference had representatives from all over the Midwest set up each in a booth and Southern CA investors went from booth to booth talking with the different reps about their areas.With that kind of proactive event going on, I would say that investing in CA for appreciation would not be the best bet right now.

Is he chargeing you 1pt + 1% origination fee = 2pt or 2% altogetherso if he is making a big commission he is already settling to make 6K in the dealmy ?

Some companies will also provide a layman's terms recommendation like, "Charge maximum security deposit" or "Renting to this person presents a VERY HIGH RISK they will not pay rent on time" etc.

Now I charged up my cards, found a great paying job(unlimited overtime!)

They charge a monthly fee to use the site so I was wondering what kind of hit rate people were getting from the site.

The goal is truly to help people . . . to create a place where people can help people without worrying that someone is manipulating them to buy something not worth the $500 they're charging for it.These forums are scraped many times a day, and we remove a ton of posts.

If you are going to need financing, you are probably going to have to get your wife involved with the loan docs.I would say that your best bet would be to study as much as you can on creative financing techniques (lease/option, land contracts, subject-to) in order to eliminate the need for your wife's cooperation.Tell us what her perspective is please.

Birddogs locate properties for investors and charge a finders fee or something like that for locating it for them.