Darby Smith
Commissions to realtors and how you pay them
"Industry standard" seems to be that you pay a percentage of the total lease to the realtor that found the tenant, for the full term of the lease, and that is paid up front.
Why? Why do we do this?
Most of our prop...
Andy S.
Insurance for multi-family
Hello BP,
I'm looking at small apartment complex in my area, between 10-16 units. I'm talking to insurance agents to get quotes.
-What type of property coverage and liability coverage is good for apartments this siz...
Randy Smith
What is the Best Market for Your First Investment?
Now that you’ve chosen your ideal asset class, it’s time to move on to market selection. While there is opportunity in any market, a market with familiarity, improving demographics, and positive economic factors can ...
Account Closed
Social media marketing
I’m a new agent, with just a few people in my sphere of influence that I have actual phone numbers or emails for so Facebook is my main source of contact. I was wondering if it was legal (or just looked tacky) to make...
Sonny Sonny
Urgent LLC Questions
Hello;
Wondering if someone can shed some light on the personal liability protection when forming an LLC. I am comparing forming an LLC VS forming a Sole Proprietorship.
I believe that forming an LLC protects a per...
Emily T.
Buying an investment property - is it a business expense?
My unrelated personal business has taken off and I may be looking at making $500k this year. I own no real estate. I've never made this much money or even close. I need to get rid of some of this cash so I'm not payin...
Michael Ellis
When does your Portfolio turn into a “Business”
This may be a loaded question but how or when does your real estate portfolio turn into a “Business”? Meaning at what point do you hire employees, quit other income streams etc… Is the money coming through cash flow f...
Kyle Sturman
Should I purchase property through a LLC or Personal Loan?
My Brother In Law and I are running through the preliminary numbers, questions, and research to develop a plan for purchasing and renting out investment properties. There has been some discussion as to purchasing pro...
Barshay Graves
Creating LLC with & Members
Is an LLC the correct entity structure for a new partnership with as many as 7 members?
Andresa Guidelli
Project manager - Philadelphia.PA
Hi everyone,I would like to hear your opinions and experience with project managers. More specifically, I would like to know the pros and cons of having a project manager for your rehab projects.Also, I would like to ...