Also, explain how you'll share the acquisition costs, such as the down payment, renovation, and closing costs.Payment Responsibilities: Explain how to divide and pay for regular costs like mortgage, property taxes, insurance, homeowners association fees (if applicable), and upkeep expenses.Management and Maintenance: Agree on how property maintenance, repairs, and improvements will be handled, including decision-making processes, funding for these activities, and responsibilities for performing or managing the work.Single Decision Point: For example, I've seen situations where one person agreed to replace an appliance while another strongly opposed it.

One is 100% cash flow, one makes some cash, and the third is about $13000-$15000 (management fees only, mortgage and escrow are covered) per year short of breaking even—we understand that this vacation rental was an investment and are content to wait another year or so before it provides a cash flow.

So, your comments about possibly taking an upfront $5K "fee" and a backend "cut" are confusing.

- What is a standard management fee?

However they are quickly becoming a hidden gem for savvy investors.

You all seen my data, seen the evidence seen my leads pouring in and ...Now you have seen my checks:All these are Wholesale assignment fees!

I’m just curious, what was your biggest wholesaling fee, and how much were the taxes on it?

Do either of these platforms charge tenants a fee to pay their rent?

Lots of wholesellers are just reassigning contract to buy a property to buyers instead for an assignment fee.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.