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Updated over 8 years ago on . Most recent reply
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Project Manager
Hi everyone! I'm looking to invest in multiple states. Although all are within a 2-3 hr driving distance, I'd like to hire a project manager to oversee repairs on a daily basis if the job requires it.
Does anyone use a PM for their rehabs? If so, do you pay them a % of the rehab costs or a simple flat fee?
I'm also searching for examples of a service agreement but I haven't been able to find one as yet. Any guidance is most appreciated.
Most Popular Reply
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I pay my PMs a salary plus a percentage of the profits.