It's been doing it's job and that's all I was shooting for.

However, just one deal a year easily covers that out of the commission so it's a cost of doing business, and to me it makes sense.Being held to a higher standard and having to disclose being a licensee isn't really a negative for me, I firmly believe the only way to build a sustainable, localized business of any kind is shooting for a win for both parties through full transparency and doing the right thing at all times and in every deal (sorry didn't mean to moralize).On the broker front, I'm signing up with Summit Realty Group, they're licensed in Texas, operate virtually, and charge a reasonable per-transaction fee only.

I had been out of engineering for 12 years, was over 50, and was looking for a job during the worst possible time, in 2007-2008, when unemployment was shooting up to over 10%, even in Denver.What eventually saved me was that the Denver multifamily market was starting to sizzle in 2009 because large investors couldn't make any money in the stock market, CDs, or anywhere else.I had a couple of 20 unit buildings that I could sell quickly in 2009 when my single family homes were at the bottom.

I'd shoot for 4% on the sale. $4 per sq ft for leasing OR 4% of net rents over the lease term.

If you'd like some starting points, PM me and I will shoot you some good resources that I used in the past.

Shoot me an email [email protected] and we can discuss more offline.Thanks,Donovan

Actually @Dawn Anastasi what he should have mentioned was that the old man had dementia to the point that the courts eventually appointed a conservator (too late), that his son tried to pay the bill when he found out that it was past due, that even the Attorney General has been to court to shoot down these massive fees being tacked on.

Just wondering what everyone shoots for as far as ROI or cash flow on their rental properties, with and without financing.My target properties are 2-3 bedroom SFRs in Central Florida.

shoot me an email, then we can talk more

I would shoot for another one of those or slightly nicer 20-25k buy that brings in $500/mo