We are also looking at options for finding a "registered agent" for our Cleveland property I have not found anyone, even property managers are telling me they won’t sign off on anyone’s because they don’t like the way the city is pinning ultimate financial responsibility onto whoever the local agent is so it’s a risky endeavor.

When mortgage rates dropped earlier this month, we received a significant amount of showing requests on our listed homes, which ultimately led to multiple offers.How will Buyers react if the Fed rate drops in 2024?

He is the ultimate sales guy. 

Even if the bias isn’t political or socio economic, writers NEED something to write about, and if there’s no new and thought provoking change in lifestyles, let’s promote one we want to be true.  

As far as podcasts - it sounds like I am promoting my own here but since someone mentioned them here is a podcast called KC Multifamily Minute and is a weekly show that details all of the on market deals in KC. 

One of the benefits here is that you can save a bit on closing costs but the PPP (pre-payment penalty) structure may be more aggressive, ultimately inhibiting your ability to sell off if needed - since the loan would need to sustain a minimum debt service.

Most of them are quoting me: An origination fee - $2500A processing fee - $1000An Underwriting fee - $1000Some misc. fee ("Admin") - $500The numbers change, but ultimately the bottom line is just for the loan, it's $4700-$5500 in fees. 

Ultimately the debt will still be recourse meaning you are personally guaranteeing the loan. 

Your GROSS return is 10%, before your ‘PROMOTE” for putting the deal together. 

Start with BiggerPockets Ultimate Beginners Guide (free).