My impression was that a lot of these people were dabblers, if not, I would love to know how they make money off these because I have no clue.The properties that I did want to purchase were "hot" deals that either had a minimum bid that was higher than my max, or were bid up beyond my means. 

The majority of my business is STR properties in Scottsdale and I sell about 2-5 STR homes per month and own about a dozen myself.

Therefore, that fee is there to make sure that they are getting the job done the first time.Anyone who is saying that they can do a great PM job and won't charge you anything besides the monthly fee, is most likely going to fail out of the business because they won't make enough to stay in business, hire and grow.It is very important to understand all the fees associated with a PM, but I encourage you and your friend to not shy away from a company right away if you see they have fees on other things other than a monthly cut.

Deals tend to make more sense out there.

I'd love to connect with y'all and hear about the deals you're doing in and around Indy!

They also set you up with a mentor who has a vested interest in helping you do deals because they get a percentage of profits for the first year. the mentor is available by phone, email, or text 7 days a week and help you analyze and structure deals.

Hey everyone, just reaching out to see if there are any investors out there who have any tips on how to maximize the ROI on their deals.

Hello, I am exploring being an investor in new single-family home construction in a busy/in-demand metropolitan area.

There's a lot of ways to get the deal done.Plenty of investors who don't care about FICO depending on the LTV, money is more expensive as a result.Everyones definition of low-mid credit is different.What range are we referring to?

Hello,Is there anyone that can help with a creative finance deal that involves seller who will carry FHA loan and title transfer to land/grantor trust?