It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

Thanks @Joshua Birk, I decided not to make an offer because there are a few extra fees that hurt the cash flow and I couldn't come up with a good idea on the attic!

This means that a company may offer a complete solution or package whereby they build / rehab and supply rental income properties, new or existing, where you simply purchase a slice of a portfolio of properties or individual property and start earning a rental amount from that investment after the expenses.So now that we understand that part, can the same be said or done for Rehab services providers or projects? 

Using the annual lease model would be my preference as it provides more stability, and I know that there may be extra taxes associated with short term rental properties.

Can’t you buy some stuff as you go weekly from extra money you make at your w2 job ?

This way you’ll be ready for them and keep your hard earned money.

I recently got my real estate license to try and make some extra money to invest more. 

Retirement accounts can only receive contributions from earned income. 

Good Morning Everyone,I’ve been following BP for a couple of years and have finally decided to pull the trigger on earning my RE license - should be wrapped up and official come mid-July.

The bad news is you’ll owe me an extra 1% commission.....the good news is, because of this, many agents will avoid it and we can probably get it for 10% below list, which it was listed at market value, and we did.