Our preliminary 5 and 10 year goals are $1M and $10M in leveraged assets, respectively.

This unexpected higher rate erodes a borrower’s expected cash flow and ROI and may change the “out-of-pocket” capital required to close the transaction.The uncertainty affects both borrowers in the midst of a transaction, and those looking to refinance an asset in the next 24 months.

Hi Cole,Yes, 1-3% acquisition fee; 1-3% asset management fees are the main fees that syndicates charge and are industry averages. 

Long term/short term hold , cash flow/asset accumulation, property appreciation/protection, and price range are just a tip of the iceberg.

If this is what you mean, the reason they have the surcharge is because it falls under the maintenance category and not the tenant category, which adds more to the work load of managing an asset. 

The low supply of them, combined with high demand make this one of the most competitive asset classes in an already competitive market. 

They are well suited for a different asset class.

What are the best CRM software out there that is also affordable?

It you are simply repairing it without doing the above its more likely a repair and currently expensed.Another thing to take into account if you are buying a new property and fixing it up before you rent it out - those costs may have to be capitalized since you are getting the asset ready for use.Please let me know if you have any specific questions.

Our property management software has a buiilt in system that can show us the comps of all the property managers using that software.