You also need a leasing agent, unless you are going to advertise and screen tenants yourself.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

So when I see an advertisement like this I feel like it would be a waste of my time and money, but perhaps interesting for others. 

For example we pay our own income taxes, broker splits and all of our other expenses directly out of what we make including required E&O insurance, MLS dues, licensing fees, Board of Realtor dues, continuing education costs, marketing, advertising, office fees/rent, transaction coordinator/ assistant fees, health insurance, car insurance and maintenance, gas, tires, software, retirement fund, etc.We are not W2 employees with payroll taxes already taken out of our paychecks, company-paid health insurance and matching retirement account plus a guarantee of at least 40 hours paid work per week, sick pay, paid vacation… none of that.So if you’re thinking you’ll be able to pay an hourly wage typical of a W2 hourly employee like $50-85/hr… that’s definitely not going to work.

But doesn't have any property advertising, prospective tenant applications/screening, or any of that side of the business. 

Agents here in our Metro Detroit market would be insulted by such a low amount and would bad-mouth us to no end.Guessing flat rate Placement Fee means only advertised on PMC website and the Zillow triad?

and for sure I would think BP charges sponsors to advertise on the forum just like they charge to advertise on this forumthey are having some sort of event and the guest I saw were Brian Burke ( top shelf ) and Jeremy Roll ( another wickedly smart dude)  compared to the guru trainers who I really dont know much are anything about so cant comment on them. 

Lived in Columbus for 13 years, 600+ transactions, development experience, new builds, 40+ rehabs, DM me if you want to know about the market. 8+ years on the forums advertising and building relationships with investors in almost every state.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Its easy to sell high yield deals.Looks like the rates they advertise are a good bit higher than other options ive found.