Quote from @Jay Cam: Hello I am looking for a RMLO as well here in KC for MO and KS.

They typically have a max all-in rent/sales ratio of 8-10%, so if a store does $1,000,000 a year in sales they will not pay more than $100,000 a year for rent+all other NNN expenses (cam, insurance, taxes).

Pawtucket specifically. plan is to move away from the strict 30 day requirement so i cam easily squeeze shorter stays to fill in vacancies

I'll admit I'm not so sure on a very small deal like this, but at the institutional level, commercial tenants all pay their pro rata share of operating expenses (OpEx) (also called CAMs), and that usually includes paying for engineering and property management, among other things.

@Todd Primmem Mmm well I see it as if im getting into Real Estate I know the laws of a lot of things so I can know what I cam and can't do and pretty much help myself out in the end.

@Juan S.I have done plenty of these and learned to putbtjem under my name to get 1) better financing 2) lower cost insurance3) speed and ease of transaction4) better on fInabcIsl statements (because you cam put value based on today‘s appreciated amount)etc The only reason someone tries to use an llc and not put the deals under his/her name is they are trying to reduce liability The best way to do that is to do the asset protection that is called “kiss my assets good bye” all in one word or kmagb dot com and watch the animation video they haveFor $5k only I stripped the equity on all my properties legally I have only one llc even though I have 10 homes in Dayton Ohio producing income under my wife’s name - another 10 under my own nameI deal with only one llc in Wyoming and I have liens recorded against all our properties that are in our names to capitalize it There is nothing for any litigant to go after Best set up for flips and hold in your name to get government loans at a substantial reduction in fees and terms Btw if I get sued the litigants collects nothing and ends up with a tax bill for phantom income Of course we got the all risk insurance as well Many attorneys suggested we set up LLCs and transfer ownership etc at the cost of $20k etc I do syndication for multifamily apartment buildings now and these I place under an LLC but I also strip the equity same way as above to protect my investors - this is a huge way to attract high net worth people to my deals You can send me a message privately if you need clarification on who can set you up

Hi-Has anyone used Cam Dunlap's #REITrifecta to take advantage of the free funding?

@Matthew Lessard buy him a wize cam.

We manage around 200 Detroit rentals and Paul & Travis are pretty accurate.We haven't seen a good Detroit turnkey provider yet.It's the Wild West, so lots of scams.In our opinion, use every avenue you can to source potential purchase, screen a good PMC you can then rely on to filter those potential purchases, then get a real good inspection (including sewer cam).

In addition, successfully complete a FREC-approved post-licensing course for brokers, consisting of 60 classroom hours before the initial broker license expires.Exam: Pass the Florida Real Estate Broker Examination with a grade of at least 75Fee: $115 ($20 application fee; $90 license fee; $5 unlicensed activity fee)Application: Complete and submit broker license application which is available onlineFlorida Real Estate Salesperson License RequirementsFlorida real estate salesperson licensing requirements include:Age: Must be at least 18 years of ageHigh School: Must have a high school diploma or equivalentEducation: Successfully complete a Florida Real Estate Commission 63-hour sales associate courseTrustworthiness: Must be of good moral character; must have a background check and submit fingerprintsExam: Pass the Florida Real Estate Sales Associate Examination with a grade of at least 75Fee: $105Application: Complete and submit sales associate license application which is available onlineFlorida Community Association Manager License RequirementsFlorida community association manager licensing requirements include:Age: Must be at least 18 years of ageEducation: Must complete at least 18 hours of pre-licensure education from an approved providerTrustworthiness: Must be of good moral character; must have a background check and submit fingerprintsExam: Pass the CAM exam.