Ryan Komagome
Prop Mgr Charges % of maintenance
Hi All,I started investing in a new market and got a referral to a property manager. Their agreement is 8% of rent and half a months rent fee to find a new tenant, but they also charge a percent of any maintenance tha...
Charlotte Dunford
Syndication contract - help
For a syndicator, when you go under contract, do you sign on the contract with your own name? Or the LLC you and your LP's will form? What I want to know is that would my LP need to involved in the contract phase at a...
Alik Levin
Distribution to parent LLC is income but not child LLC expense
Dear all!I have a company structure where a parent LLC owns children LLC's that own properties. When I look at the books that I manage via QuickBooks Online the distributions from children LLC considered as an income ...
David Robertson
Detailed Scope of Work vs "Turnkey" SOW Language
A recent forum discussion talked about how an investor's scope of work said to include "EVERYTHING" in their proposal to 'gut the property, buy materials and rehab per plan.' Long story short, the contractor did not ...
Charlene Stovin
Where to Invest: Suggestions Needed for First Timer
Hello allI am just starting my voyage, and reading everything I can. I searched the forum, and didn't really find an answer, so here goes:Do I look for something anywhere in Texas that is within my budget? (Ok, not ...
David Boley
My first deal - thoughts on the analysis?
I'm a classic "analysis paralysis" real estate investor, but am finally in a position to pull the trigger on my first deal. It is a turnkey property, which I know causes some heartburn with many of you, but it is the ...
William Brown
Shoot bullets in my wholesaling marketing strategy
About to pull the trigger.After a year of education, dabbling, and talking with hundreds of investors, wanna be investors, and sellers, I'm taking massive (imperfect) action. I'm a college student with a couple grand....
Andrew Morris
Can you successfully scale MF REI while Active Duty Military
Hello BP Family! Ill try to keep this short. I am trying to see if there is anyone out there who invests in MF RE full time and is very active and successful in it while Active Duty (Any Branch / Officer or Enlisted)....
Carolyn Lorence
Teachable moment? Austin investors: Two properties; one owner; and the BSC: Can these properties be saved?
How would you solve this problem? Let me know your thoughts!I’ve had my eye on two boarded up, deteriorating residential properties built in 1919 and 1922, next door to each other, each on approx. ¼ acre lots, nice C...