It was suggested that the undercutting of prices from competition, mileage, mailing, printing, paper, toner and scanning, along with the cost of the LSA course, printer purchase and insurance, would all eat into your income, whittling it down to about $10/hr.Have any of you found this to be true?

It was suggested that the undercutting of prices from competition, mileage, mailing, printing, paper, toner and scanning, along with the cost of the LSA course, printer purchase and insurance, would all eat into your income, whittling it down to about $10/hr.Have any of you found this to be true?

It was suggested that the undercutting of prices from competition, mileage, mailing, printing, paper, toner and scanning, along with the cost of the LSA course, printer purchase and insurance, would all eat into your income, whittling it down to about $10/hr.Have any of you found this to be true?

They don't have to rent/buy an office, no secretary, they can use their cell phone, one computer and printer, etc. 300 units will require 2-4 more employees, an office space, more desks and computers and phones. 

I'm new to the game and confused about the depreciation if someone could help me understand it better.I have watched so many videos and google everyone says depreciation is a big advantage.here is what I confused about:if I owned an LLC and go out to buy a printer for my LLC then the cost of the printer is tax write off in the same calendar year right?

.#5 Ability to Create Estimate Reports & SOW ReportsWhen you get done with your Estimate you need the ability to share your Estimate or Scope of Work data with your Business Partners, Lenders & Contractors in a printer friendly report.The Rehab Estimating software you choose should be able to use your estimate data to generate Investment Reports, Estimate Reports & Scope of Work Reports in a printable or shareable format.#6 Ability to Track Actual Expenses Against Your BudgetA solid rehab estimate is worthless if you don't effectively manage your budget and control costs.Once you get a property under contract it's important to track your actual repair expenses against your initial repair budget to forecast your project's profitability.Without a project budget in-place and a system to track your expenses you will have no idea if you are over or under budget on the project.

@Sherman Cummings A tip that might be useful - since you're just starting out and still figuring out your niche, you may want to print your own using office supply business cards (the blank ones) and a basic printer.

Let applicants know that you WILL run credit/criminal/eviction checks -- you are not just collecting app fees to line your pocket.Bring a computer printer/copier to the showing. 

You could offer to help out a busy individual agent by doing some buyer showings, running errands like going to the printer or filling flyer boxes etc for an hour fee.

For the yellow letters I bought my own printer that could print envelopes and ended up breaking even compared to paying someone to do the mailing on the first 500 letters.