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All Forum Posts by: Taylor Colligan

Taylor Colligan has started 7 posts and replied 13 times.

Post: KC Property Management Suggestions

Taylor ColliganPosted
  • Riverton, UT
  • Posts 14
  • Votes 1

I am an out of town investor from Utah just about to close on my first duplex in KC Missouri. I have also found a deal that currently has a PM and I was wondering if anyone has any experience with them. The company is KC Management Solutions. What is your experience? Good or bad? Are there any other PM companies you could suggest I look at? Thank you!

Post: Equity as acquisition fee

Taylor ColliganPosted
  • Riverton, UT
  • Posts 14
  • Votes 1

@Jay Helms That is very helpful thank you! Now I just need to figure out how I can structure it. One last question, taking equity as an acquisition fee does not turn the deal into a syndication correct? I will be putting this property under its own LLC with all investors members in the LLC.

Post: Equity as acquisition fee

Taylor ColliganPosted
  • Riverton, UT
  • Posts 14
  • Votes 1

I am hoping to get some guidance from other investors. I am about to close on my first duplex, I will be co-signing with my dad. However, I have two other investors going in on the deal with me as well. I found the deal, performed due diligence, and done all other sweat work. I am charging a flat, small, aquisition fee to the other investors just for my time. I feel like I can’t charge much because it’s my first deal I have put together. I just ran into another deal that is slightly larger and again will be bringing other investors in as well. My question, is it common, heard of, or fair to take equity in the property as an acquisition fee? How would I structure it? Any feedback is greatly appreciated.