. ** We ask for T24/T36** Income: 1) Rent growth - flat for next 3 yrs and inflation for next 3 yrs 2) Any other misc income increase by 2% aka inflation Operating expense (Big ticket items - Lets assumes its a C property)1) Tax - 85% of purchase price and then 3% - Texas is a non disclosure state 2) Insurance (General Liability and/or flood) (example: Flood insurance in Alvin area is ~20K for 40 Unit complex on top of general liability) 3) Make ready (assume 10 units per year based on 90 unit )~10% vacancy 4) Run and Maintain - based on how much capex you will be spending 5) Management fee (6% for your size) may be a bit lower but for now keep it a bit higher 6) Utilities 7) Professional service (attorney/CPA/Lawn/etc etc) 8) Marketing fee Capex:1) Whatever you think is needed (Check roof, water/sewer line/heating aka boiler/HVAC system/Foundation)

Overall, I find the Airbnb app and experience much smoother so I am not necessarily complaining although the Homeaway clientele tend to be better guests and bigger ticket stays and I’d rather see a more balanced revenue mix.

Hey Gabe, congrats on your success.Check out Peter Harris with Commercial Property Advisors, his website has some free training videos https://www.commercialpropertyadvisors.com/He also has a couple of books out including Commercial Real Estate for Dummies.http://www.amazon.com/gp/product/0470174919/ref=as...

Are you located near a training base or a base that has more permanent duty station billets?

I am currently helping her with that and procuring work while training in as an appraiser. 

Tickets for the full day including lunch are $52.

They all have great training programs and offer a ton of support. 

I've found it's more effort but usually you'll find better prices anywhere but Home Depot or Lowes for the bigger ticket items like cabinets, flooring, doors, etc. 

I have a PM that’s on salary (~41k) 1 hourly guy that’s a laborer 13/hr we trained him up from only being able to sweep floors to now doing our carpentry and window installs1 hourly guy that’s highly skilled at 17/hr he can do almost anything.

Do not pay for training , there are no short cuts