Purchase price: $90,000 Cash invested: $10,000 Cozy and charming 3 bedroom 2 bathroom on a half acre in Rogersville TN. 3 minutes from Cherokee Lake.

@Zachary Gilula,Always nice to see more investors from the Mile High. 

More on my first investment, this quadplex is a fixer-upper and has the potential to add 200k+ in equity with about half as much invested.

It is actually defined as net profit MINUS half of you self-employment tax MINUS your own contribution.

I've heard that a plan well conceived is already half achieved.

You can take Jill's approach or do the increase in two steps-half this year and half the next.

I have seen referral offerings from PM companies ranging from $500 to half of first month's rent to full first month's rent going to the agent for referring a client.PM isn't as common within my niche of small multifamily (2-4 unit) properties in New York but this is what I've seen.A quick google search shows that $250 is a common referral fee.Curious to see what other agents across BP are seeing...Hope this helps!

It typically falls into 6 months of gross management fees on the low end and a year and a half of gross management fees. 

So I would suggest a physical meeting in the 2e half of June 2021. 

It is the cheapest ocean properties in this country for hundreds of miles.