A deal that produced a 25% net IRR to investors with a 1% acquisition fee, 1% asset management fee, simply pref + single tier waterfall, etc, may only produce a 15% net IRR under the current fee and carry structure, if their acq fee went to 3%, pref went down, they now have a GP catchup and multi-tier waterfall giving them higher splits for higher returns, etc.

Many are just following the practices they’ve been taught (although if you choose dishonesty, some responsibility does lie with you too).For any wholesalers interested in learning how we approach wholesaling ethically, just let me know, and I’ll gladly share a detailed post on it here.

It's a flexible approach, suitable for both single-family homes and multi-unit properties, and can be tailored to fit your lifestyle and financial goals.It's important to research local housing laws and market conditions to ensure a successful house hacking venture.

If you choose to explain exactly what proof you need, you will soon get it. 

When it comes to choosing between a turnkey property and a fixer-upper using the BRRRR strategy, it really depends on various factors, including your market conditions and where you are in your investing journey.

It really depends on who you choose. 

I’m looking to do a few spec home builds a year, I’ll take those profits and build multi family properties for long term investments.

I’ve got extensive experience in multi family residential ……………….

If you are buying large multi-family, I would follow larger developments so your investment has a rock to support itself.

Thanks for input,Charlie@Charlie Krzysiak  It was touched on above but condo's are completely different then single family/townhomes and even 2-4 units multi family  properties.