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All Forum Posts by: Michelle A Shriver

Michelle A Shriver has started 1 posts and replied 2 times.

Post: Construction Management Fee Question

Michelle A Shriver
Pro Member
Posted
  • Posts 2
  • Votes 0

If you have a third party managing / overseeing construction, CapEx improvements, larger repairs, etc. what is the fee (%?) you pay them for this oversight / management? Are there variables based on scope, cost, duration, etc? Do you have mins/maxs? Please note -- although this is separate from property management, IF your PM handles this for you in addition to traditional property management, is the fee you would pay them for this different than if it were a completely independent construction manager/overseer not already associated with the apartment complex? Thank you for your real world insight!

Post: Does anyone have first hand experience w/multi family coaching?

Michelle A Shriver
Pro Member
Posted
  • Posts 2
  • Votes 0

@Jodi Terrell did you start a mentoring relationship? How did it go? 
@Jacqueline Coombs what's your one-year update from your mentoring program? 
@Tom Lafferty what was the ROI --or are you willing to share the cost? Was it one of the "big guys" that Jodi mentioned?

I've been listening to real estate podcasts for years, and have owned three real estate investment properties (buy & hold) and two AirBnBs. I'm looking at Multi-Family now. 

In traditional business, I've had a couple of business coaches. The last was a game-changer in my businesses. 100% worth it. She was referred to me by another business owner so there was some track record there I could trust.

Looking forward to the replies.