Just nice to grasp the basic idea and understand a seemingly complicated subject and process.

The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.I hope this basic guide helps.

Some of the concepts roll over to multi family as wellSome costs during operating period including but not limited-Initial Phase-Leasing commission one time for 1st month( if using broker) (depend on broker fee structure)Property mgt fees (depend on broker fee structure)Landscape costsRekeying your house or change locksCleaning property Vacancy Any repairs During occupancy-TaxesInsurance Property mgt fees (not included if you're managing)RepairsRental permit (depends on city)Feel free to ask any questions -Kevin

We basically tell them if you refer us an off market lead we will throw them the 3-6% commission back as the referral payout. 

I have read the Real Estate Investment Basics book from BP and have also read Rich Dad, Poor Dad.

one property that i closed today is in the historic district of Charleston so everything is basically 1.5 to 10 million.. and the neighbors are in your grill constantly. and at one of the arch meetings they said exactly that they wanted input into who we sold to.. you just grin and bear it and keep your head up.. 

The property is basically turnkey and needs little to no rehab. 

q=difference+between...Basically, ROI is "how much you profit every year" divided by "how much you spent for the investment out of pocket".

Wanted to introduce myself ...my name is Isidro...i am from California, i recently got offered an opportunity to get into the real estate investing by my landlord...he has been doing this for about 15-20 years and offered me to work with him...basically i find/generate him leads...he puts 100% of his money, we buy homes cash, if i work on rehabbing he will pay me an hourly rate, and in the end he gives me 40% of the profits...sounds like a fair deal to me since i have 0 liability, i am not using my own money and he is an experinced investor.

I have learned so much from everyone here and now that it is time to apply the concepts, I want to make sure we make a smart decision.