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9 contributions to The MHP Pros Mastermind
17d ago
in
RTO contract
Do any of you have an RTO contract you can share? For a new or used home. Thank you!
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New comment 17d ago
17d ago
in
How to manage violations?
Do you have SOPs to follow on violations internally and with the onsite manager? Any scripts you have your managers follow?
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New comment 9d ago
21d ago
in
What if some tenants don't have email?
What would you do if some tenants don't have email and you want to integrate them into your property management platform? To set them up for online rent payments, community notices, etc. I've heard some people offer to set the tenants up with a gmail account - but then how would those tenants monitor it?
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New comment 19d ago
1 like • 19d
@Ryan Narus @Michael Pansolini thanks both for your insights!
Jul 31
in
New MHP Model Releasing Soon
What's up MHP Investors! I am releasing a new and improved MHP model in the course in the coming week. If any of you are in the middle of a deal and have specific functionality you'd like added, let me know!
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New comment Aug 25
2 likes • Aug 1
If you can add in different scenarios for GP/LP splits that would be great! Couple unique ones are: 1) cash flow split reversals after principal investment is returned (e.g. goes from 70/30 to 30/70), or 2) GP catch up after pref is paid (e.g. after LP gets 8 pref, GP gets caught up to 8 pref, before rest gets split 70/30) @Michael Pansolini
1 like • Aug 25
@Michael Pansolini another scenario - would you be able to model for 1) a JV? 2) or a syndication where there’s a waterfall on the cash flow but a straight-split for equity?
Aug 20
in
PM fees on self-managed syndicated deal
If you are self-managing a MHC that you syndicated, how and when would you take out your PM fees? Is it monthly on the 1st, monthly after collecting all tenant payments, quarterly, or something else?
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New comment Aug 23
2 likes • Aug 21
@Michael Pansolini It basically says "manager shall determine in their reasonable judgement what to do" Agreed on the gross income approach, since this is how a 3rd party PM would get paid as well. Thanks!
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@leo-young
Real Estate Investor & Broker - MHC //
NYC | Boston //
Join our RE Group: https://www.skool.com/realestateentrepreneurs
Active 11h ago
Joined Jul 15, 2024
New York City
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