The LLCs pay the PM company anywhere from 7-8% of the revenue and the PM company oversees the assets and employees my staff.

what have been the year over year revenue numbers?

I’d love to hear about your journey.What’s been your biggest challenge in getting your first deal?

The biggest signs you are a procrastinating newbie:1.)

My biggest concern would be the possible damage you can't see and if you only have 3 years of life on it, you'll conceivably be back in this spot again very soon.

In real estate, the biggest hurdles are often the ones you least expect—and sometimes, they’re as small as a crystal doorknob.Back in 2019, a simple set of crystal doorknobs nearly cost us a $25,000 deal on a home on Burgess Street.

So now, the one your targeting has no assets other than operational revenues.

I would say this was the biggest splurge for this project.

I'm KT, a realtor here in Little Rock, and I'd be happy to help you in any way I can as you begin your real estate investing journey.Starting a real estate company to generate revenue is a fantastic goal, and I commend you for taking the initiative to learn and prepare now.

Either define a set period of time that you will serve as a manager for no cost and then collect xx% of revenue as a management fee before splitting profits.