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11 February 2025 | 31 replies
We all don't care how much Apple profits on our iPhone... what really matters is the product or value we get or in this terms the ROI on our principal.The fees can be broken down in the three main fees (so you might have to combine some of the above fees under one of the categories below):Acquisition fee (paid % of the asset price) - normally 1-3%Asset management (paid % of the income the asset produces) - normally 1-3%Distribution or exit fee (paid % of the sold asset price) - normally 1-3%Development fees (this is present in development deals) - exampleNOTE: Just because these fees are high or the split structure has too much going to the GP does not disqualify it.
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22 February 2025 | 20 replies
@Fiona HumphreyJust make sure the property cashflows if the owner of the business dies and you're forced to rent to a normal everyday tenant.
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22 February 2025 | 7 replies
Agent sales fees, number three, which are normally a percentage of the ARV, are similarly trivial.
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28 January 2025 | 13 replies
Found an awesome deal on Craigslist and it allowed me to get my foot in the door with an investor (owner of the property I arbitraged.)
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17 February 2025 | 4 replies
Partnering with an amazing agent and focusing on flipping/a normal job/different business can be a lot easier than trying to learn the ins and outs of sales as a Realtor.
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20 February 2025 | 9 replies
Trust me, by starting off on the right foot, you'll save yourself a lot of headaches down the road!
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29 January 2025 | 0 replies
Cash invested: $60,000 656 sq foot, 1 BR Condo What made you interested in investing in this type of deal?
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19 February 2025 | 2 replies
While evictions are part of the business, that rate is far beyond normal.
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9 February 2025 | 8 replies
Is the normal practice in wholesaling to analyze a deal -> find a buyer -> then offer the price to the seller and form agreement?
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5 February 2025 | 11 replies
I have a 12-unit building and after going through a lot of leak checks, my PM and I have come to the conclusion that a tenant or tenants are wasting water - to the tune of 5,000 gallons a day (a normal day is around 800).