4 ms·
Thats what the management company is for.
by gammateam 8y ago
Thats what the management company is for.
- ceejayoz 8y agoIn that case, that's where most of the profits go, too.
- gammateam 8y agoNo it isnt, you talk yourself out of everything that way?
- IAmGraydon 8y agoManagement companies are usually only 10%, but the real reason they’re necessary is because you simply cannot scale without them. Guys who think like you end up with a small portfolio that has them working 80 hour weeks. It’s better to make a smaller margin on massive volume than to keep all of the revenue. Also, the name of the game here is equity, not NOI.