For instance, a customer might be doing a ground-up spec build and we might say "Lesser of 80% of cost or 70% of ARV".

I thought the main advantage would be the ability to micro-manage your portfolio, customizing your vendor list according to each property and coordinating with a dedicated leasing agent.

I've seen an overwhelming amount of utterly freakish craziness up close and personal, and I can confidently bear witness that white people always end up being the freakiest freaks of all.I was going to call BS on this one when I stopped and thought....Hmmmm... every customer I had as a GC that was an absolute insane nightmare.....was an white uber-rich entitled A-hole.

Rented at top of the market and was able to sell after 5 years of generating 30k annually, at a rougly 125k profit above what was spent to purchase and renovate.

He has helped some of my customers here at the bank especially my Doctors, Dentist buying some unbelievable Vacation rentals and investment properties. 

During May, leasing activity generated 48,000 square feet of absorption.

You have to put in the work to ensure your asset is generating maximum revenue, and costing you the least amount in repair costs.

I also do flips when it is the right time to do so.I also manage a significant rental portfolio for our customers.

The problem is that there constantly seems to be fees being charged to me an example of this is in the contract  there is an additional 100 dollars allocated to sewer and water that the tenant automatically pays every month with rent and anything outside of it should be billed to the customer (there is no specificed time when this will occur on the contract) but it appears to be billed to me and after speaking to IIP it's like they made up rule on the spot stating that after 6 months all of the additional utility fees would be billed to the customer and in the meantime I am being charged for it.

My goal (and that of most of us in real estate, I imagine), is to build long term wealth and generate enough income so that I don't have to work a typical 9-5 job.