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We just purchased a 36 unit apartment complex and are trying to come to an agreement with the existing on-site property manager around what reasonable compensation is. His request is to be paid full time at minimum wa...
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Hi everyone! I recently received an offer letter to start helping a local wholesaling company with acquisitions. What would be a reasonable commission to negotiate? Could I negotiate base pay? This company just starte...
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Hello everyone!I'm about to put in an offer on a duplex in Moncton, NB but will need a cosigner for the mortgage, as I do not qualify (I just graduated university and haven't had a stable income for long enough).The p...
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Hi all,
Any advice on what percentage one should pay a dispositions & acquisitions specialists for their part in the transaction and a description of duties for each. Any advice would be greatly appreciated.
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Greetings BP,Curious how others compensate their onsite managers. Free rent? Rent Credit? Salary? Hourly pay? One of my buildings is only 24 units so it is not quite a full time job yet there are still weekly tasks...
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I am just learning about real estate investing, and I recently met someone at a local real estate investor meetup that has been investing in real estate for 9 years. He recently became a real estate agent, and he know...
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An out of town investor has an apartment building with a 40% vacancy rate. He doesn't have time to manage the rehab that this apartment building needs. He is also very dissatisfied with his current property manager....
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Hi,
I would appreciate your thought on a condo exchange deal, leaving aside the HOA fees and such.
Many people are trying to sell their larger condominiums here because they don't need the space for some reason and...
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I'm looking for some resources to help me determine the compensation to investors in a syndicate. Attached is an example of what I found from someone else. Since I'm looking for my first deal, I would be contacting pe...
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Good afternoon BP family, Im a newbie in the Killeen, Texas area. I want to express my passion for Real Estate but not sure how to. I have not closed on any deals, but Im positive with the help of a mentor, REI wi...