Ours is set to take 20% of the room rate revenue, 100% of the cleaning fee

You should have billed them back for the damage at the time the sale as any other monies owed under the lease like a late fee.

It's a fantastic approach to real estate investing, especially when coupled with your experience and dedication.Let's definitely connect on BP to further discuss your BRRR/long-term rental property adventure.

.), security cameras, track remote employees (they will steal the cash), cost to install pumps, license fees, hard equipment needed- registers, apps to run the register information, accounting, legal, cases for merchandise, shelves, door hardware, heater or HVAC depending on location...This is a tiny community there won't be a local plumber and electrician... add some cost for time to contact your team and travel will make any repairs more expensive.

I'd be happy to connect, and discuss what youyourre looking to do.

They charge an acquisition, disposition and management fees.

I'm also getting a small monthly management fee on the back end (a few hundred bucks).Anyone got any advice?

That's more than half a year of income, plus you are probably paying management fees.

When communicating now, our agent seems to have forgotten that this was the case when discussing putting the unit up for rent and notes that it hasn't been actively shown until after the repairs were done. 3) repairs costs - when our tenants moved out, i saw the repair cost for items.

When you are working with a REA, whether it is in town or out of town, they should be bringing you properties that match your criteria that you've previously discussed with them.