All Forum Posts by: Paul Amegatcher

60 for you / 40 for him.  Maybe even less.  I understand that he is bringing some capital to to game but he is not handling any of the other duties or day to day operations.  If you have 100K available you maybe better off with a hard money lender than a partner who is not really involved in the operation.  I would go to a 50/50 split if he brought all the money and you brought the deal and knowledge to the group. Just my two cents.

Paul

check out this YouTube link on how to automate your yellow letter through Microsoft word and excel.  I use yellow printer paper instead of the notebook paper.  https://youtu.be/gMUAhXYuClA

Looks fantastic.  I love the cabinets and countertops.  What brand cabinets are those and how much did they cost?

@Shatanand Desai

There are plenty of opportunities in Dayton.  Just make sure you have the right team in place and are investing in the right places.  Good luck to you.  

I second @Christina Carey's opinion of Bill Warner.  I have used him in the past and he does a great job.  He is thorough as well.  

If it doesn't cost extra I would do it. But is not necessary especially for a rental.

Sounds like you have a balloon payment due in 10 years but I could be mistaken.

Welcome to BP.  There is plenty to learn.  Try and make it to a GDREIA meeting to network with like mind individuals.

@Andy Robison  The work looks good.  What brand cabinets are those?  Keep up the good work.

Paul Amegatcher

How did you come up with the market price?  If the market price is true and your repairs are none then it does make sense.