Aaron Moayed
Still 7-12% Mgmt Fee for $600 Rent?
If a rental property has $600-700 in rent coming in, is it standard for property management companies/people to take 10% of that ($60-70) or is it common for them to have like a $100 minimum? Just getting a feel for s...
Isaac Johnson
Multifamily is the way to go change my mind
I think that multifamily (2-4 units) is one of the best types of properties to invest in especially when first getting started change my mind.
J Scott
War is Making You Poor Act
For those of you who are concerned about government spending being out of control, and subsequently the risk of increasing taxes, I thought you might be interested in this bill:
http://en.wikipedia.org/wiki/War_Is_Ma...
Rio Peterson
Is potential partner a fraud?
I was recently approached by a seemingly experienced real estate investor to partner with him to flip $1M+ ARV homes. We met for the first time at a networking event and after hearing I work in finance, he was overly ...
Nicole Pettis
What are your thoughts about REI?
Is it smart? Is it high risk? Will you go bankrupt? Is staying with your 401k's and mutual funds the best way to retire?
The reason why I bring up these questions is I had a big discussion with my father in l...
Jason Kim
Setting Up LLC Under Different State
Hello BP Meembers,
I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...
Tony Cavalli
Ready Set... Action
Hey fellow BP members! I am going to start this thread and add to it frequently.
This is my step by step process for wholesaling.
Things to know: I have never done this before, I do not have a mentor other than eve...
Brandon Turner
One of my units got destroyed last night in a flood. What do I do now?
yep, about a foot of water in my basement apartment in my triplex. Called the flood insurance company, but my deductible is fairly high ($5k) so I'm looking to still do this cleanup on the cheap. Anybody have any good...
Marduk Mooshoolzadeh
Can you invest with as little as $10k
I have about $10k saved and have been very interested in investing in property or somehow getting a mentor on how to invest my money. Is it possible to start with $10k?
Nate R.
Self-manage or hire a PM?
We bought a recently remodeled home (our first investment property) and are about to start getting it ready to rent. We haven't yet handed over the keys to the PM and my mentor is encouraging me to self-manage. The pr...