Understanding Broker Commission vs. Firm
Can you break down a typical payout to a Broker (and Property Manager) if you own the Property Management Firm. Trying to understand the business side.
Background: I am a real estate investor (buy and hold). I do a great job managing my own properties and want to venture out to start my own Property Management Firm. However of course I would need to hire a broker because I am not a Real Estate Agent/a broker.