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Updated over 8 years ago, 07/29/2016

User Stats

9
Posts
0
Votes
Jacob Smith
  • Investor
  • Omro, WI
0
Votes |
9
Posts

What Do I charge for consulting on Investors Wanting to purchase

Jacob Smith
  • Investor
  • Omro, WI
Posted

Hey,

I am a Broker/Property Manager, I have flipped a handful of houses, Done gut/remodels, and also purchased and manage 19 of my own units.

I have an investor from out of state who wants to invest in this area into multi (likely 8+) unit buildings.  

He is looking to have me be his go to/on site guy.  I would be going with the agent to look at the properties and inspect them, Contacting people to find out expenses/ etc, and doing all the numbers crunching, and reporting that stuff back to the investor.  

Wondering what I should be charging for such a service.

I was told maybe an hourly rate for time invested, weather it be in office, or in the field?  

I should also add that, I will then if He purchases these properties be the Property Manager for them.  

But I have that cost breakdown pretty much figured out already.  

Any input would be greatly appreciated!

Thanks Guys! 

Keep Investing towards Freedom

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