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Hey everyone. My name is Derek Elliott. I'm a screenwriter living in Los Angeles. Brand new to REI. My journey began with a book called A Happy Pocket Full of Money. That led me to Rich Dad Poor Dad, which got me int...
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There's a common belief among landlords that pets are an absolute "no-go." While I prefer not to have pets in my apartments, I don't always provide a strict no. The main reason behind that is tenant quality. I mainly ...
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Do any investors/landlords buy properties that aren't in high population areas? For example, I recently bought an investment property in a prime area,monthly profit $350.
The benefits of that particular rental are: ...
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Hello, question... When you purchase a property is it purchased as an LLC or stated another way , is each property its own LLC? Also, When you're acuring a deal, as a flip, do you acquire all under your S corp compan...
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Alright. You just bought a house that needs some TLC in just about every aspect. Carpets need ripped out, walls need painted, windows need replaced, wood floors need refinished, kitchen and bathroom need updating, etc...
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My property manager charges 10% markup fee for all service calls. So a $250 plumbing call turns into a $275 call. Does that sound crazy or normal? I already pay them a management fee, you'd think that would be incl...
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I"m trying to choose between the new Iphone 5 and the Samsung Galaxy 3 and the reviews are mixed, so I thought to ask those who use them regularly here; I also suspect that most of the regular contributers at BP are u...
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Hello all,
Ive been creeping on this forum for about 4 months now and decided to finally make an account today. I'm 36, I've own a primary for about 8 years now in California (Los Angeles county) and i recently (2021...
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I am looking to put together a syndicated real estate deal. After meeting my lawyer he suggest I talk to others to see how they have structured there deals.
Example: % of acquisitions fee, % mgmt fee, % they took as ...
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Hi all, I am new to commercial. I interviewed one agent. He told me that in order for him to look for properties for me, I have to sign a contract with him so that he will be my sole agent. On top of that, he ch...