Having worked for one of these large funds briefly (they have no soul) I learned the innard workings of the operation and realized that their model is so flawed I knew I had just boarded the Titanic. 

That's not a matter of wholesaling, that's a matter of operating in the real estate space.Great that you decided to take the course, but as you will learn being a licensed sales person comes with a lot of responsibilities and disclosure obligations.

I've never had coin operated laundry in any property I own, but I do know, from friends who have, that it can a pain to service/keep operating (particularly if your tenants bring their friends over to use it)--so it may be that the revenue is not worth the cost of maintaining it. 

The market knowledge of how an agent operates...or an investor, as that is the only buyer you might be dealing with multiple times is as important as the specifics of an offer.

Mindy Jensen Millers Vinyl Graphics is a family operated business that does high quality vehicle signage, stickers and wraps.

This is how I operate in my business.

Hello - this may be a newbie question but from reading the various articles on BP and Investopedia, my understanding is that Net Operating Income (NOI) is defined as operating expenses required to run and maintain the property but excludes Loan Payments, Capital Expenditures, Depreciation, and Amortization.The IRS has recently raised the Tangible Property Expensing threshold to $2,500 (from $500 previously) per item so if you took advantage of this change, wouldn't it decrease your NOI since you can expense smaller capital items as repairs & maintenance instead of capitalizing and then depreciating them over time?  

Environmental Protection Agency estimates that toilets consume 27 percent of indoor water usage.Property managers and landlords sink 25 to 35 percent of their operating costs into utilities, while water costs, in particular, are up an estimated 200 percent in the past 15 years.Meanwhile, small, barely noticeable leaks may add $900 to yearly water statements, with larger leaks totaling, in some cases, $4,000.

A 2000 ft^2 house which operates at <$500/year in energy costs should be what we are building before we get to 2030.If there was the political will to make a real improvement our building codes, the energy discussion would become moot.

But I don't think you should be writing your own operating agreement for a 50/50 partnership.