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6 February 2025 | 17 replies
Yes I understand what you are noting, and I believe on the commercial side of things they are typically not putting their names on the docs like you do for a resi loan but just brokering/underwriting it and collecting a fee as a 1099.
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18 January 2025 | 13 replies
Can easily get a 20% referral fee just for sourcing and handing off that lead.
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17 January 2025 | 28 replies
HostGPO charges you a fixed monthly membership fee.
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20 January 2025 | 1 reply
I know broker fees are $500 so $12,500 in commission?
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14 January 2025 | 9 replies
Location and amenities are the two most important factors that bring potential renters to an STR.
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23 January 2025 | 5 replies
Flipping a brand new home likely wouldn’t bring much profit - especially after having to close twice when you first buy it, and later sell it.Maybe you have millions to spend and I’m just missing the big picture… but when I think of “income” I’m usually thinking “net income” after you factor in expenses, like purchase price or building costs?
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8 February 2025 | 3 replies
The commissioner ordered me to pay the plaintiff over $9k plus her attorney fees.
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7 February 2025 | 4 replies
Paid in February but since that February only paid January rent he got another late fee for February.
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6 February 2025 | 12 replies
I don't see anything wrong with that approach but there isn’t a complete alignment of interest (the individual who wants to take over all construction services will want to focus on the projects with the greatest construction fee earning potential; the brokers will want to pursue more for-sale projects etc.).
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5 February 2025 | 15 replies
That is $19,200 annual profit so you would be -$3,200 in 1 year with no factoring of breakage and maintenance.