If you’re a real estate investor looking to scale quickly, portfolio lenders can be an incredible resource. Unlike traditional banks, which focus heavily on personal credit and income, portfolio lenders prioritize the...

Are most of those gurus just selling courses/cutting a fee on top of an agent?

Most turnkey companies proforma does not tell the complete story and that is why is called "PROFORMA" OR "PROJECTION", they don't account for the true vacancy, leasing fees, holding costs, and Headache factors that come with a Class C and D properties and neighborhoods.Hopefully, they can help you get to 100% occupancy and sell the property so that you can re-invest in a better neighborhood and relatively newer property like 2020 or newer if is possible in that market, or just go to another market you understand better or have some kind of connection with.All the best and keep us posted on your progress.

Yes, those are the standard fees and pricing you'll find at most PM companies.

.$24K in soft costs (permits impact fees etc)$200K (or less) buildout of the house (size tbd on after-build-appraisal) Likely going with 2/2 A frame 1000 sf.

Also, this would only remove the mortgage debt itself from your DTI if it was to work; you would still be hit with a liability for the annual taxes, insurance, and HOA fees (but also receive the benefit of the rental income).

ATM business mainly makes money from the transaction fee.

Now if you add a guru in to consult for you at a monthly fee, you just made the situation much worse. 

In some cases, the scammer may also charge exorbitant fees or interest rates, making it nearly impossible for the victim to repay the loan and keep their asset.16. 

Is saving the fee a PM charges worth the potential thousands in cost and headaches?