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...
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...
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...
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.
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...
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...
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....
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...
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...
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...