At first, it would be for smaller commercial properties, but if the relationship grows well and we make a good team, I'd love to scale up with them.Ideally it's a win-win for all:For the PM:They get a large chunk of equityThey get more business.They get access to my investors' capital for potentially future dealsIn a way, they eat what they killFor me:I look favorable to the lender with an experienced PM team as a partnerI'll get a deal under my beltI'll be able to get help with the downpayment, reducing the burden on my investors and myselfFor my investorsSure, they lose out on some equity, but they'll get a (slightly) higher return due to the lower monthly management feeThey'll sleep easy knowing that the PM has skin in the game and is experiencedTo be clear, I'm playing the long game, so I'm more than willing to do say, a 55/30/15 split with the PM/Investors/Myself and with a 3-5% monthly management fee.

Agree with Charlie on short term in Boston - new regs make that less feasible in Boston proper - but I work with folks who have robust portfolios of short term rentals in Malden and Chelsea, with the transit access of Boston but fewer limitations.

If you convert the current into a rental, then you will be limited in terms of the options to access the equity.

It's easy at first when everything is new and exciting. 

If you're going to a small school that doesn't have a reputable business program you're not going to gain access to those networks. 

As a hard money lender, we usually close in 5-10 days so it is easy for us to have the money to close before the 30 days are up. 

Roaches can be killed pretty easy with a few aggressive treatments and ongoing preventative maintenance. 

Replacing a faucet is a fairly quick and easy task for a plumber, but they'll charge one hour of time and sometimes there is a longer minimum for any service call. 

I am wondering if there is an easy way in Cook County to find the amount of legal units in a multifamily property without pulling a zoning certificate.My situation:I have a property that is being marketed as a 5 unit, 3 units main & 2 units coach house.

It's also very easy to make stairs covered with a runner the centerpiece of a simple insurance con with a starter email that looks exactly like this one.