(I should add that I understand the stock market and other financial instruments quite well from a decade of investing there, yet we are 90% in real estate today) Financial advisors do not understand real estate, nor do they want to talk about it, because there is no commission in it for them.

If you ever have any investor clients looking for PM services, we offer agents commissions for referring their clients :) 

Thinking about adding: • Selling costs (commission, closing fees) • Annualized ROI (to compare deals with different timelines) • Sensitivity analysis (“what if ARV drops 10%?”)

It’s just a bonus that I only pay 1.5% instead of 2% commission (buy and sell) and 6% management instead of 8% on homes purchased through them.

Low fee 4% / 8%, the lower they go they offer lower services and look other revenue ways, which are releasing, betted vendors with commission base to the PM, and other services.

Hey Spencer,Good question — and this is one of those situations where the numbers look simple, but lender rules can make things tricky.Between the two options, Option 1 (buying at $470K and rolling your credits and commission in) usually makes more sense in your position.

In order to defer all of the tax, you must purchase at least as much investment real estate as the net sale of your old property (Contract price minus closing costs and commissions),  and you must use all of the net proceeds (cash received after the mortgage is paid off) as part of your sale.

Agents will usually re-lease the property if a tenant breaks a lease, but that's the most I've heard regarding discounting their commissions. 

It covers expenses like supplies and small things and then it gets reimbursed back from the net payout to the owners so each month there’s a net payout summary with a check for the owner, which includes all the bookings in minus the fees, taxes, and Amazon Along with the commission I am currently just using Excel to do bookkeeping, knowing the entire time that once it grows, we’re gonna have to grow with it in terms of technology.

The profit calculations would be your adjusted cost basis (purchase price, plus capital improvements, minus depreciation), subtracted from the net sale of the property (sales price minus closing costs and commissions), like others mentioned above.