Purchase price: $350,000 Cash invested: $1 I am working on my first property acquisition in Sitka, AK.

The wife and I have been buying properties in a few smaller towns in central Nebraska for the last 5 years.  We are currently working on closing our 30th unit.  We have 5 duplexes and will have 20 sfh.  Our average re...

Assuming everything goes according to plan...massive economic events could easily disrupt those returns.As to your questions on fees:  Sponsor's typically charge acquisition fees ranging from 2% to 3% of the purchase price. 

., taxes, utilities, insurance, debt service, etc.)Equity fee: amount of equity you want to earn based on your repositioning effortsOther expenses: delinquent taxes, financing fees, acquisition fees, etc.

Originally posted by Account Closed:@Eddie Gonzalez fyi Our funds group is interested in acquisitions in PR and can provide equity.

I did not see a management fee listed in expenses, even if you self manage, include at lease 5% of the gross income and you have vacancy listed at 3%, a more conservative approach would be 7-10%.Good luck and please share your results once you have completed the acquisition and rehab.

I think the overall consensus should be that your asset class should directly relate to the strategy you've decided to take on your portfolio, are you a doctor that owns a few buildings, or are you an acquisitions manager for a private equity firm? 

The marketing budget and time required to effectively handle a true pre-foreclosure deal flow exceeds the benefits of a one-off acquisition, as such you will a team that has the budget available and the foresight to follow-through long term.Towards the investor networking, below is a handful DSM based networking events through meetup.   

Keep up the good work and I wish you all the best on your next 4 acquisitions!!

In that example you'd own 2.25M in real estate with 7,500/m in cashflow without coming "out of pocket" and your original building still has plenty of equity (you can rinse/repeat if you are in acquisition mode).