Indeed, where we pay a REALTOR commission, we are initially under water, but look at the long- term probability the rental will remain in the system.

Had our agent break the commission split down.  

Quote from @Keaton Sheffert: Hello BiggerPockets Users,I am looking for advice on how to best convince my local zoning commission to accept our proposal for a rezoning from residential to commercial (for apartments).Background: My business partner and I are hoping to begin our first development in 2025 in our small town in Southern MI.

If you prefer to be hands-off with full-service management, then I'd plan on paying around 20% commission as that's pretty common.

Start with the county, zoning, planning commissions etc.

MLS 525k Was original list and I got paid my RE commission How did you finance this deal?

Buyer-paid real estate agent commission (Yes, I recommend buyers have their own buyer's agents.

As an agent, you can also represent yourself and put your commission toward the down payment, further lowering your out of pocket costs.

Better hope paint,carpet,advertising, commissions, and utilities don’t cost $600 or you blew your cash flow, it’s zero.

I just got done with my required annual commission update for 2024 (I know I’m a slacker, I waited until the very end of the year lol) and the teacher of the class said that a high percentage of the number of agents who had their licenses revoked in 2024 were the result of being involved in subject to transactions that went sideways.