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10 March 2019 | 65 replies
I think our crisis in our area is so many of our kids coming up are not interested in the Trades.. there is a huge gap.. so we have an acute labor shortage.. where a very good tradesmen out our way that can scale a company can easily make big time money.
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21 March 2019 | 14 replies
Long story short, it's the only type of turnkey investment that means 1) the company has skin in the game long-term because they manage the properties they sell 2) you have one team to vet and one relationship to build 3) there's a smaller number of fees and markups too look out for, since you have one team to vet - there aren't three or four different people (agent contractor PM) trying to get a cut, and 4) you're buying from people that live and work in the market they sell - some big marketing companies call themselves turnkey providers but they don't actually own any properties or have staff in all the markets they sell, they get a referral fee for sending your business to whichever turnkey operators will pay the most.
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23 January 2019 | 1 reply
I wouldn't consider it a rent increase and would opt for "rent + utilities" and not allow the property manager to take a cut.
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4 February 2019 | 10 replies
I've never done it and I know they'll take a cut of the first month's rent.
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29 January 2019 | 47 replies
That's how we were able to finance our $18k property as well ;)We thought it was a cute house as well and in the back of our minds kept thinking we were missing something because it was such a good deal.
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3 November 2018 | 8 replies
My thoughts was I should get paid to do the work as well as a cut at the end.
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4 November 2018 | 13 replies
You're going to have thin margins if everyone is taking a cut.
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21 November 2018 | 18 replies
I assume you know where she works, so go get a wage garnishment or turn the judgment over to a collection agency/attorney and let them do the work for a cut.
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6 August 2019 | 5 replies
The broker who writes the deal will often get a cut of that fee.Our deals are traditionally open mortgages as we're happy to get our money back, so we can put it out on another deal and get another fee.