Done 3, all office buildings with 5-10 years remaining on lease.  2 of them, they gave away, other 1 the disposition guy was way overpriced.Guess the takeaway is you should be prepared to make your best case on why your offer is a good price. 

The GP's earn their income via acquisition fees, asset management fees, net cash flows, and dispositions.

Let them suffer and try to do the disposition work themselves.

This is called a "deemed" sale and you have to treat any dispositions of your properties, including distributions to you or another entity that you own, as a sale a fair market value.I recommend that you speak to your CPA before the end of this year to evaluate your situation.

Are you willing to do the harder part of finding properties, or are you looking for someone else to do that and you'll do the disposition part? 

Getting to know why the owner is purchasing, and the plan for holding or disposition of the asset will place the PM in better position to completely take care of the client.Please feel free to recah out with any questions!

But then we account for the disposition. 

You would only subtract routine permissible selling expenses such as:Permissible Selling Expenses and Closing Costs: Owner's title insurance premiums Escrow agent, settlement agent or closing attorney fees Real estate agent’s or broker's commissions Finder fees or referral fees 1031 Exchange Qualified Intermediary fees Documentary transfer taxes Recording or filing fees Attorney fees and costs related to the disposition or acquisition Tax advisor fees related to the disposition or acquisition You would NOT subtract any non-permissible operating expenses or costs nor any lender or financing related costs such as: Non-Permissible Operating Expenses, Lender or Financing Costs or other Closing Costs: Financing or lender costs such as loan fees, loan points, appraisal fees, mortgage insurance premiums, lender's title insurance policy premiums, and other loan processing fees and costs Prorated Property taxes Prorated rents Insurance premium payments Security deposits Payoff of credit card balances Repairs and/or maintenance costsYou Net Sale Price is probably going to be around $625,000 (ish). 

Routing selling expenses are items like: Owner's title insurance premiumsEscrow agent, settlement agent or closing attorney feesReal estate broker's commissionsFinder fees or referral fees1031 Exchange Qualified Intermediary feesDocumentary transfer taxesRecording or filing feesAttorney fees and costs related to the disposition or acquisitionTax advisor fees related to the disposition or acquisition

Rinse and repeat until you disposition every lead.