All Forum Posts by: Ariel Deleon

Thanks Daniel.

Can you send me the excerpt from your agreement?  I'm hoping I can cater it to my situation.

Ariel

Hi BP Community,

I'm entering into a JV to purchase and rehab a property where I will be the operating partner and the 2nd party will be the capital partner.

We're working on JV agreement and we need a clause in there that would cover his capital investment in the rare event that the property does not sell for more than what he has invested. (ie: he has 100k in and it ends up selling for 80k.)

Thanks,

Ariel

@Ted Barbosa Are you 203k certified?

@Stephen Kappre can you send me that recommendation as well please? Need work done in Hamilton, NJ

Hi guys,

Can any of you give me some GC recommendations for a full rehab in Middlesex county please?  I'm in need of some quotes on a potential flip I'm looking into.

Thanks!

Hi Everyone,

Any of you investing in Collegeville currently?  I just picked up this property at auction and it's currently set up as a 2 unit.  1BR / 1BA on the 1st floor and a 3/4BR / 2BA on the 2nd and 3rd floor.  Its in need of a full rehab.  My GC and I walked the property and estimate the repair cost to be approximately 60k.

If interested let me know so we can discuss it further.

Thanks,

Ariel

Hi Jeff,

Add me please.

Thanks,

Ariel

Yes the official meet times are the 1st Wednesday's of the month. 

I often have a conflict myself.

They do hold adhoc meetings as well.

Hi Jeff,

I'm very local to you in Gilbertsville. I'm pretty new myself, currently in the process of my first flip in Reading.

I'm part of the Berks County Real Estate Investing group which has its next networking meet up this Wednesday.

PM me for the link as apparently I can't "advertise" it here even though I'm a PRO member.

Hi Shawn,

Congrats on getting your license!  I'm currently investing in Montgomery County so please feel free to send any leads my way :)

Thanks,

Ariel