Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

The information contained in this post is not to be relied upon.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Maybe 1500 other closing costs, so 6k total. 

If you take the $653K out of loans and put it in the cash line there would be no change to the total adjusted tax basis and therefore capital gains would be the same.

So, for them a turnover is MUCH MUCH less costly than an SMALL out of state landlord who relies on a PM.

Even though, real estate investments are not uniform in different markets and asset classes, just on the 16-17 year cycle basis and if you primarily rely on appreciation, this may be the perfect time to buy!

Multiply that by 10 total rental buildings, and you can see the premium jump significantly for your overall portfolio ($3k in this scenario). 

Purchase price: $110,000 Cash invested: $2,000,000 399 Helmericks Ave includes 3 warehouse/shops totaling 60,000 sq.ft. and office space totaling 7,000 sq.ft.

Based upon the cost seg studies of my clients, a building will typically yield 25-30% of the total cost that can be segregated into personal property and land improvements.