Quote from @Matt McNabb: I'm a solid $400k/yr job in NYC and have $250k to begin investing as my first step into building a portfolio, although I don't have time to be a landlord so I have to account for management fees.  

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

What we do is bundle it into an application fee.

I never got the consultation, but was politely told my portfolio is probably too small to pay their annual fees (starts at $2500 and goes up).

✅ Typical origination fees?

I think my fees are high until I shop around and then I am thankful. 

Can easily get fee worksheets and run credit/DU 3.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

He's created an army of loyal bots that do his bidding and he's probably made $60 million or more just in membership fees.

That would be the minimum entry fee I would think.