Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

763
Posts
499
Votes
Karl McGarvey
  • Real Estate Agent
  • Houston, TX
499
Votes |
763
Posts

Analyzing the Deal - Expenses

Karl McGarvey
  • Real Estate Agent
  • Houston, TX
Posted

Hey all!

So I have read a book or two, listened to probably a hundred podcasts, and everyone seems to have the same general idea of what you should be including for your expenses on your deals. 

Everyone also has the same general advice for you should be on your team to start making deals and capitalizing on real estate. 

One of the things I have noticed however, is that when people talk about building your team, they never talk about paying your team. Do you include lawyers fees, CPA fees, etc when you analyze deals? And if so, how do you approach trying to budget accurately. Essentially I am trying to prevent blowing all of our cashflow on paying my team so I want to make sure I am getting deals that allow for everyone to make money.

Looking forward to see what feedback this brings.

- Karl

Loading replies...