This percentage helps maintain a buffer for unexpected expenses and maximizes the chances of a profitable resale.Use Leveraging to Your AdvantageLeveraging can turn a little money into healthy cash flow and increase the potential for returns.

Depending on how your properties are held will depend on what (if any) percentage needs to be counted. 

How much percentage am I legally required to pay him even though I found the property myself?

They may want you to list the property with them, or they may just be willing to charge you a flat fee or a percentage for bringing you a buyer.

The way to handle it is to allocate expenses based on the percentage of the home’s square footage used for rental purposes.Here’s how it works:Calculate Rental Percentage: Add up the square footage of both the in-law suite and the rented room, then divide by the total square footage of the house.Apply This Percentage: Use this rental percentage to deduct a proportionate share of expenses like repairs, utilities, and mortgage interest.This post does not create a CPA-Client relationship.

If you or anyone here can put close to $500 down and give me a certain percentage on a couple of deals you do I could give you access to the whole program. 

As an investor/agent, am I legally able to pay a bird dog a flat fee or a percentage out of my profits ?

Below are some items I’ve seen in teaming agreements.Ownership Interest: Clearly define the percentage of ownership each party has in the property.

Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

**Get Necessary Approvals:**In many places, you'll need approval from a significant percentage of the condo unit owners to make this change.