That spreadsheet is much simpler than the above.If you have a straight partnership, the proceeds might be a simple split.Creating a spreadsheet that could effectively handle both types of structures adds a further layer of complexity.

Quote from @Ren Hopson: I'm under contract with a couple properties and the guys I was planning to assign the job to doesn't have a license does that effect the future value of the home?

I have experienced that a duplex or triplex gives you more effective tenant management and long term value, but room by room rentals may reduce a small multifamily property's cash flow especially if your market has high demand for rentals from students or young professionals.

In particular, I’m interested in advice on:1.Best practices for onboarding new owners and setting clear expectations from day one.2.Effective systems or software recommendations for a solo/startup operation (leasing, maintenance coordination, rent collection, accounting, etc.)3.Strategies for finding and retaining great contractors/vendors.4.Common pitfalls new PMs face in the first 6–12 months.5.Pricing your management services competitively while still being profitable.6.

How will that effect my taxes? 

That's when it hit me: profit sharing and per-deal compensation would be the most effective approach.I keep reminding my team that, as you continue to grow, a combination of salary and bonuses becomes more viable.As our business started booming and the cash flow got juicier, I knew it was time for a compensation makeover.

This is the first one we have started after the new legislation went into effect which requires all a public auction be held prior to the issuance of a treasurer's deed (CO Rev Stat § 39-12-103 (2024)).

Proper records help ensure compliance, minimize risks, and reduce the chances of triggering an audit.Providing clients with sample record-keeping guidelines and basic bookkeeping tools can be an effective way to help them stay organized and better prepared for tax season.

If I can do that and break even on rent every month, I'm good. 100% you can do that here with us as we effectively do the BRRR method with senior living. must be accredited and love mailbox money. 3 classes with 3 pref amounts based plus a unit based equity kicker that acts like a private credit model. happy to talk offline further. sorry for late reply, need to update my notification settings as I didn't see any of these comments til I just logged back in.  

Hey Kaylan, one effective way is to identify active buyers directly from public data — especially recent cash purchases in the county.It helps you build a buyers list of people who are actually buying right now, instead of collecting random emails.Many wholesalers also track repeat buyers, LLC purchases, and investors who bought within the last 60–90 days — those are usually the most responsive.If you ever want to compare different ways of sourcing or organizing buyer activity, happy to share what I’ve seen work well