Business is about relationships; with the right relationships, you'll have much of what you need to get out of the starting gate.

When evaluating a property management company, it's important to look beyond just the management fee and consider the full scope of services and costs involved.For example, at our company, we charge a 10% monthly management fee, a $250 lease renewal fee (unless it’s a takeover tenant, which requires additional effort to establish a strong relationship - because usually people are changing pm companies for a reason), and the first month’s rent as a leasing fee.

The PFS is strong but I think most of it stems from building a relationship over several years.

I would build a relationship with the person before you decide to partner.

Additionally, if your goal is to maximize personal financial benefits, consider profit distributions from the property-owning LLC, which may provide tax flexibility depending on your situation.By adhering to FMV, maintaining proper documentation, and structuring the lease agreement carefully, you can optimize tax benefits while staying compliant.This post does not create a CPA-Client relationship.

Digging into off-market opportunities, networking with wholesalers, and building relationships with motivated sellers can put you ahead of the competition.🔹 Creative Financing – Traditional loans don’t always work for distressed properties.

Reading or responding to this post does not create a client-accountant relationship or any other professional relationship.

I've built strong relationships with wholesalers, agents, and contractors in my market, and we're closing on our second deal on February 19th.

What I wrote above does not create an attorney/client relationship between us.

do you have lending relationships?