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Updated almost 6 years ago on . Most recent reply

User Stats

763
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499
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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

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