they are usually paid for performance.. but some bigger outfits actually bring them in as employees with bonuss'everyone has to eat and pay for gas.

Originally posted by @Shelby Pracht:@Eric Wilson and @Kat He, we've been doing the vacation rental thing in the mountains for a couple years now and it's been so great.

Originally posted by @Jeb Brilliant:@Jim Adrian Interesting...

Originally posted by @Chace Fraser:Hi @David H. and welcome to BP!

Originally posted by @Alexander Ransom:@Scott Schultz I agree with the property management statement, it is definitely a plan for the future.

Originally posted by @Gary Barella:I created a company a few months back but I haven’t made any deposits in it (doesn’t even have a bank account).

What you have is a non performing note that has no chance to become a reperformer.

Besides performing your own due diligence, I would reach out to your self-directed IRA custodian for their investment forms as the forms will often list what the IRA custodian will need to process the investment.

I had originally hired a general contractor to do the work on a rehab.

Originally posted by @Jay Hinrichs:@Steve Vaughan  also very much depends on where in the US it is.. and what your tenant base is..some tenant bases around the country are peach's and cream and not tough on property and pay on time.and rarely does  a unit go vacant one moves out 3 to 5 days to clean and turn it another moves in.in other parts of the country tenants move a ton.. are tougher on the homes.. bigger credit risks IE don't pay and it can take more money to turn them over  and longer time finding new tenant.. so it depends.. but 50% is a good rule of thumb if your having to hire it all out that's for sure.