Most focus on the fees and management rates but the most critical part of any PM agreement is the authorized agency that's created to act on your behalf and there may have been protocols that have to be followed in order to supersede what's in the agency agreement.

My goal is to put it into an investment that will depreciate enough in the first year to cover taxes at ordinary income rate on 300k. 

Hi Avery, Here are some important questions to ask a lender before deciding to work with them on a BRRRR project:Loan Terms: What are the loan terms, including interest rate, loan amount, LTV, and any points or fees?

When making investment choices, look into job opportunities, population changes, school ratings, amenities, and rental needs.

What do you think about how to determine rates and cleaning fees ect? 

The interest rates are high now.

He doesn’t necessarily go into the nuance of mill rates on every video but breaks down how to use it.

So my discount needed to do a 15 with rates at 7.2% today would be .86%. 

BOE = Building basis less land value * 20-30% * applicable rate (now 60%)

My company does the following:• Free and simple MLO Licensing (22 hours online or in person and you choose your schedule)• Mortgage team to handle the backend (meaning, no structuring, underwriting or processing loans) • Competitive mortgage rates backed a company with 20+ years in the business• Downline revenue stream on the lending side (similar to EXP model.)• They do not have to change brokeragesIn my mind, there aren't many cons to this.