Are you looking for an income stream to live off?

If you are just doing straight management there is not much money in it at all.The funny part is landlords think the PM companies are making serious bank.I just don't see it.Now if the PM company sells off turn key rentals and manages them then they are getting multiple revenue streams or if they get the future sale etc.If the area is bad PM's earn their money.If it's a great area and you the investor base your cost model off of being below market rent you will have tenants pay and stay with no little to no turnover.If you are always pushing for top market rent and increases then you will have turnover.You have to analyze if the pushing the top every year gets you more with lost rent and rehab costs or if you keep full with lower increases and below market rent??

The unsuspecting buyer sees the trailing laundry income on the income statement and counts it when valuing the income stream, then after closing realizes that there is no laundry income anymore.

Hopefully, I can build lead streams from other sources.I attended Wendy Patton's boot camp (which also had Joe McCall speak) and was very impressed with her experience.

All in all, I am not focused on wholesaling as my stream of income.

Some are very archaic, like the use of hub and spigot cast iron piping with lead and oakum joints in waste and vent systems.

To avoid this situation, you can structure the deal in a way to give him  stream of long-term income while helping him minimize his tax. 

He's got an impressive website and a steady stream of business (near as I can tell).3.  

Hi Josh,I would highly suggest a hybrid approach of Wholesaling & Flipping to build cash flow up to plug into buy & hold properties, as this way you are building a stream of continual cash flow.

My goal is to create a efficient and stream line process of tracking.I am looking for a management software that can handle both residential and commerical.