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Updated almost 3 years ago on . Most recent reply
Finding and cost of “onsite partner”?
Hello!
I’m under contract on a lake cabin, about 1000 miles away, close to where I grew up.
It’s somewhat rural, but an hour away from a major area of tourism. The numbers based on one spreadsheet I found have me making a small profit, but the thing I’m unclear of, is how you find an “onsite partner” to be boots on the ground? What does that relationship look like? Is there a checklist of expectations?
Also, relative to my calculations, how much does this person cost or charge for various needs ie someone having checkin trouble? It seems this necessary expense could whittle away my profits pretty quickly, unless it’s a pass through cost. Any insight on what this relationship looks like, and costs would be appreciated!
Thanks!
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- Rental Property Investor
- Cleveland, OH
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