But then it was a nightmare of communication, we soon realized that we had to do a bunch of songs and dances to convince them to sponsor our deal, it took 4 or 5 days for them to make time to sit down with us only to tell us that we needed to schedule another meeting in another 4 or 5 days to get Tyler on the phone and let us try and convince them to sponsor us and by that time someone else was awarded the deal and we lost out.

So, whatever it is... eat the same meal, listen to the same song, wear the same color, etc.

With so many great options in real estate, focusing is a formula for success.  

Any help or suggestions on structuring commission pay / pay formulas for sales reps for rentals ? 

IT CAN HAVE BEEN LISTED FOR 2 DAYS, AS LONG AS IT HAD A PRICE REDUCTION, THAT IS A TELL TALE SIGN THE SELLER WANT'S TO GET THIS PROCESS OVER AND DONE WITH- JUST MAKE SURE IT'S NOT A FORECLOSURE (THAT WILL BE A WHOLE OTHER TACTIC I AM NOT GETTING INTO ON THIS THREAD- BUT MANY WILL ALSO SAY THAT TOO CANNOT BE DONE)***2) YOU WILL THEN GET A LIST OF ALL PROPERTIES THAT CANNOT HAVE BANK FINANCING BUT SELLER WILL HAVE IT LISTED WITH AN AGENT-YOU WILL FIND LISTING AGENTS NUMBER THEN BEFORE CALLING GET YOUR MATH SQUARED AWAY USE THIS FORMULA (WORKS NATIONWIDE AND NO MATTER WHAT I MAKE MONEY FROM THIS FORMULA)-  ARV * 65% - Repairs - wholesale fee = Wholesalers Max OfferFYI wholesale Fee should be anywhere between $5,000 - $25,000 depending on the deal whatever figure you have for your MAO, if it's much less than the "list Price"- DON'T LET THAT DISQUALIFY THE PROPERTY-  PLACE YOUR OFFER ANYWAY! 

However, Even in the most competitive (Sedona) STR market, only 5% of home owners use the formula that gives huge occupancy and prime market ADR, resulting in a strong ROI.

This will give you more options to rinse and repeat house hack formula, stay put, or move/continue to rent out. 

Top of the afternoon BP family, I’m a newbie who recently came across a formula on how to budget for CAPEX.

anything is possible with advanced creative real estate  formulas. 

In Chapter 9: The Multifamily Millionaire Model, Turner explains how you can use the cap rate formula to increase your ability to make wealth.