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All Forum Posts by: Will Schryver

Will Schryver has started 13 posts and replied 50 times.

Keith Willey that would be great. Send me a PM to discuss offline.
Brandon M. Right, I have no desire in becoming a full time agent. I'm getting the license for other reasons - education, MLS access, networking, save money, etc. for my investment properties. And yes, ideally I'm looking for a flat fee per transaction with support on closing day. I got an estimate from one of the largest chains for ~$450+ monthly fees (national/regional/local franchise fees) plus 75/25 commission split. Obviously this is not what I'm looking for. Maybe I'll focus on a smaller, local brokerage.

Post: Property Management Fees (Tampa, FL)

Will SchryverPosted
  • Investor
  • Tampa, FL
  • Posts 51
  • Votes 13
Robert Wilson Kim Meredith Hampton Benjamin Pekarek Got it. Thanks a lot for the insight. I'll keep looking around the Tampa area to find the right PM to fit my needs. Will

Post: Closed on our first deal!

Will SchryverPosted
  • Investor
  • Tampa, FL
  • Posts 51
  • Votes 13
Garrison Householder congrats! Sounds like all your hard work/analysis paid off. For someone about to start in RE, I appreciate how you walked through the whole P&L. Really helps firm up some of my assumptions.
Studying for the FL Real Estate exam now and I'm planning ahead in identifying the right broker to partner with. I plan to buy and hold rental properties for my own company (part-time venture) and would like to find a broker that is flexible with commission splits. Looking for minimal support (no leads, etc), but maybe on the administrative side with closing. I've reached out to a few local brokers and commission splits/fee structure seems to be all of the map. Also, it seems like some brokers are familiar with this relationship and others have never done this before. Any insight would be appreciated. Will

Post: Property Management Fees (Tampa, FL)

Will SchryverPosted
  • Investor
  • Tampa, FL
  • Posts 51
  • Votes 13
I'm doing some research on property management companies in the Tampa area and found one that charges 10% of rent, which is what I would expect. However, they also charge 75% of first month's rent for tenant procurement. Is this the norm? If so, what if I'm acquiring a multi family property with full occupancy, why would I pay the tenant procurement fee? Will

Post: Tampa, FL RE Investors

Will SchryverPosted
  • Investor
  • Tampa, FL
  • Posts 51
  • Votes 13

@Keith Willey Great, thanks for reaching out. I'll send you a PM 

Post: Looking to connect with Multi-Family Investors

Will SchryverPosted
  • Investor
  • Tampa, FL
  • Posts 51
  • Votes 13
Edward N. I'm just starting out in FL, but would be happy to make the connection and share ideas.

Post: FL RE License Online Courses

Will SchryverPosted
  • Investor
  • Tampa, FL
  • Posts 51
  • Votes 13
Perfect, thanks again.

Post: FL RE License Online Courses

Will SchryverPosted
  • Investor
  • Tampa, FL
  • Posts 51
  • Votes 13
Elizabeth Shelby Zach Welner Thank you this is very helpful. You sparked my curiosity, what are some of the (high level) regulations and requirements for a broker? This is thinking about 2 years ahead, but that would be the end goal for me to become a broker and take the commissions for my own properties. However, i would obviously run the numbers to see if it makes sense or not.