A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

and my consultant is a GC, and I guess the mis understanding is my GC knows what he is doing , but I am trying to learn what he knows so I can correctly make sure he is doing the right thing.

CPAs, while essential for tax optimization and financial oversight, may not always be viewed as indispensable in the initial planning phase.Communication Gaps: There may be communication gaps or misunderstandings about the roles and contributions of CPAs versus attorneys and GPs.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

Eliminate the nonsense of misconstruing amortization tables, misunderstanding compound interest, and misunderstanding lines of credit (HELOCs) and the above three points should enable you to see the tree in the forest.

There are many paths to take for many different people, but what you have suggested is one of the best methods to build wealth and achieve FI.I concur with you that people sometimes misunderstand the use of those metrics because it has been overstated and regurgitated without experience behind it.