I have a leasing agent, who has access to national databases of businesses looking for space. he can reach out to them.2.

The salesman, David, told me it was a $500 administrative fee, along with a $500 marketing budget.

Just for clarification, here is my concept in a nutshell:Acquire properties to fix and flip, fix and hold, or wholesaleOwner/operator will be a wife/husband teamReal estate agent for power to buy and sell (commissions may be useful, not sure if necessary)Personally engaged in procurement activities, project management, and administrative activitiesExpecting to employ full-time help in future phases of developmentLet me see if I’ve got this right…Solo 401k:Investment must be in an existing business already producing a self-employed based income for owner/operator/investor – no full-time employeesPersonal income must be a result of actually performing a role in the business, as in not a 100% automated system.

This is the most exact method, but also the most administratively heavy.- Flat fee - You establish the "normal" bill for each utility and you collect that flat fee for each bill alongside the rent each month. 

.#4 Create a Spreadsheet or use an Estimating SoftwareYou need to organize the estimating process into a spreadsheet or software database that you can use to track your common repairs and pricing.I believe The Book on Estimating Rehab costs comes with a spreadsheet, or you can download my estimating template I have in the fileplace or create your own.  

Another way to look at the fee:In a traditional 401K with the company that you work for the plan owners pay a yearly fee (be it an outright fee or a % of earnings) That fee pays the plan administrators and covers the cost of keeping the plan compliant.  

By building a network of private investors, you can gain access to the funds you need to purchase properties, make repairs, or fund other aspects of your business.Faircloth's book covers a wide range of topics, from building your investor database to structuring deals and negotiating terms.

It was a probate property and I have been dealing directly with the special administrator since that time.

Some small banks don't require a new loan closing and will shuffle paper, renew debt mid stream, and lock in a new rate for the cost of some administrative fees.

Always..The first month might be delayed due to administrative reasons, but from then onwards its like clockwork.