The T.E.A.M.S. Fee
With Done For You Real Estate You Actually Transact Real Estate.
This is not coaching or an education course. With DFY you are delivered a team of licensed professionals who will do the vast majority of heavy lifting for you, while still allowing you to keep 100% the financial benefits of owning investment real estate.
The average amount to get started on your first property ranges between $65,000–$80,000. That number comprises your down payment of 20 or 25%, your closing costs, whatever minor fix-up expenses there might be, plus our $4,995 T.E.A.M.S. fee.
With DFY, you pay nothing for the education, the pre-approval, or even for beginning to look at properties that may fit your needs. When you transact real estate with DFY, you will only incur standard real estate investing expenses.
- Down Payment: This is typically a 20% or 25% down payment required for financing investment real estate.
- Closing Costs: These can include such things as appraisal fees, mortgage fees, title fees, etc.
- Rehab or “Fix-up” Expenses: These include minor items that may need some attention to make the property as attractive to potential renters as possible. A DFY property will not need “major rehab,” but will typically require a few minor items like carpet, paint, minor aesthetic, or functional improvements, etc.
- TEAMS or DFY Program Fee: This is a one time, nominal, per property fee called the T.E.A.M.S. Fee of $4995.
So what is the T.E.A.M.S. Fee? T.E.A.M.S. is actually an acronym that stands for everything DFY does, and everything the DFY team delivers to you as a real estate investor:
Click a Letter...
T
E
A
M
S
Transaction Coordination and Oversight
Transaction Coordination is a broad term that describes how the DFY Teams in the field put all the puzzle pieces of a successful transaction together for you. From market and property research, to deal evaluation, to property fix-up and rehab, to ongoing property oversight, you are taken care of. Additionally you are assigned an Account Executive that will hold your hand and coordinate the field teams for you. Your AE is like a personal real estate investment concierge.
The T.E.A.M.S. Fee is fully disclosed and included on the property pro-forma’s, and will be included on the closing documents at closing. The DFY property pro-forma’s illustrate your projected cash-on-cash and annualized returns, and will calculate them based on your total out of pocket expenses per property, which include the T.E.A.M.S. Fee. This T.E.A.M.S. Fee allows DFY to do all the work required for you to have a seamless and simplified real estate investing experience from the education all the way through to the closing table. The fee is only collected at closing, which means you don’t pay a cent for the DFY program until you are closing on a beautiful investment property that is typically ready-for-tenants, and that you are about to take title to.
What DFY Does vs. What You Do
0
Hours Done
For
You
What DFY Does | Time it Takes DFY to Transact |
|---|---|
Real Estate Income Plan Creation | 1 hr |
Reviewing Plan With You | 1 hr |
Pre-Approval Finalization | 4 hrs |
Plan Solidification (by AE) | 2 hrs |
General Market Research | 10 hrs |
Individual Property Research | 5 hrs |
Deal Negotiation/Structure | 3 hrs |
Pro-Forma Creation | 2 hrs |
Putting a Home Under Contract | 1 hr |
Loan Origination | 2 hrs |
Receiving Loan Conditions | 3 hrs |
Fulfilling Loan Conditions | 3 hrs |
Home Owner’s Insurance Policy | 1 hr |
Loan Closing | 2 hrs |
Property Rehab/Fix-up | 40 hrs |
Market Rental Rate Research | 2 hrs |
Property Management Set-up | 2 hrs |
Tenant Acquisition | 10 hrs |
Rent-Ready Inspection | 2 hrs |
Rental Property Marketing | 6 hrs |
Property Maintenance Repairs | 20 hrs |
Lease Renewals | 10 hrs |
Move Out Coordination | 2 hrs |
Listing Property For Sale | 2 hrs |
Showing The Property | 10 hrs |
Closing On The Sale | 2 hrs |
Annually Property Reviews | 4 hrs |
Annual Plan Reviews | 2 hrs |
0
Hours Done
By
You
What You Do | Time it Takes You to Transact |
|---|---|
– | – |
Reviewing Plan | 1 hr |
Pre-Approval | 2 hrs |
Plan Solidification | 1 hr |
– | – |
Reviewing Properties | 2 hrs |
– | – |
– | – |
Under Contract | 0.5 hr |
– | – |
Loan Process | 1.5 hrs |
– | – |
– | – |
Loan Closing | 1 hr |
– | – |
– | – |
– | – |
Selecting A Tenant | 1 hr |
– | – |
– | – |
– | – |
– | – |
– | – |
– | – |
– | – |
Closing On The Sale | 1 hr |
– | – |
Annual Plan Review | 1 hr |
