I stay on the transacting side making six figures per deal.If you have a weak tenant brought to you at a high rent rate that might not last you can give so much leasing commission upfront and then ongoing commission as the tenant performs.

I ran the numbers and we would get only about a 5.5% return or about $10,000/month.

However, when I ran the numbers I came up with some come conclusions I didn’t expect.

We can chat offline if you want to hear more about our experience which is still on going - up next is the basement.

If we are to use the GC, should he be included as a partner (assuming he wants to be involved ongoing), or would he get paid like a regular job?

I am a Marine and Iraq War Veteran and I am not afraid of the trenches, sir.

I plan on going to medical school starting in the summer of 2017, and hope to learn enough to make an investment by that time.Depending on where I go to medical school, I want to invest in real estate in the area to live and rent out, or something out of state that I would just rent out.

This will help keep detailed records ongoing  and track basism for when you sell.

I just found it a few days ago, so I haven't been yet, but I plan on going to November's meeting. https://cwreia.com/

Have ongoing personal and business financial reporting with sales as a requirement in the lease.