Paying on the 15th allows us to collect and payout 95% of rents for the month.

I generally pay out around the 12th.

Use him to help ensure your draw process is smooth, and your SOW matches what a lender can pay out etc.

This brings our payouts to where they need to be.

@Trisha SuekCarriers rate based on replacement cost (what it costs to rebuild new), not what you could sell the building for.

@Marc Winter The rumor around town is that most PM's are at 85% occupancy rate but it is really hard to tell since there isn't a reporting agency.

So each month there’s the net payouts and bookkeeping each quarter their sales and occupancy taxes due and then each year taxes and 1099s.

This stronger-than-expected claims report suggests employers are still holding onto workers, reducing near-term recession fears and prompting a modest sell-off in Treasuries.The market still anticipates a December 10 Fed rate cut, which would mark the third consecutive reduction, but today’s labor data slightly complicates the narrative.

The less you put down, the higher the rate is going to be and the more difficult it will be to get the deal to cash flow at 1.0X or higher.

This is a follow-up to my last two posts about payout timelines and setting expectations with new owners.