All Forum Posts by: Ashley Madalone
Ashley Madalone has started 2 posts and replied 15 times.
Post: JV Partners (Funding / Sweat Equity)

- Investor
- Smyrna, DE
- Posts 15
- Votes 10
Hello again BP Community! I have another question about JV partnering with my brother. He has no time but has money. I have some time and no money. The idea is that he will 100% fund the acquisition of buy and hold properties (down payment, etc.) and I will 100% find, acquire, and manage the buy and hold properties. The idea is to build a buy/hold portfolio that we own 50/50 with me doing the work and him providing the up front money. Has anyone had experience with contracts or partnerships like this? Are there certain things we should plan or consider before we start? Thank you for reading and have a wonderful day!
Post: Taking Money from Business Account and Putting into Real Estate

- Investor
- Smyrna, DE
- Posts 15
- Votes 10
I am looking to JV with my brother where I will do the real estate investing (finding deals, property management, etc.) and my brother will fund it from his business account. From a tax point of view, is it possible to move his money from his business account into a real estate purchase without paying tax on the money from his business account?
Post: For newbies and the BIG MEANIE INVESTORS in the BiggerPockets forums

- Investor
- Smyrna, DE
- Posts 15
- Votes 10
As a beginner, I am thankful for the "reality check" of the forums! Otherwise, the training materials such as books, podcasts, webinars, etc. are so floofy and sugar-coated that I most definitely could have accidentally jumped off a cliff! LOL. Also, a lot of the live investors in my market are just gatekeepers, too busy and competitive to really want to help me out. Through reading and trying to participate in the forums, I am able to create a more realistic plan, budget, and mindset of how to get started in real estate investing. Thanks!
Post: Single family w/ detached garage!!

- Investor
- Smyrna, DE
- Posts 15
- Votes 10
Quote from @Matthew Gilmore:
Quote from @Matthew Gilmore:
Simple question.3 options.
1.Keep Garage
2.Renovate garage into a small "man cave"
3.Take garage down and lay fresh grass for backyard.
You made some good points. Thank you. I'm leaning on keeping it and making minor renovations
Awesome, good luck! Do you invest in Philly? I have been through many of the neighborhoods and surrounding neighborhoods from delivering package out of Amazon PHL-1. It seems cool!
Post: Inexperienced, but interested in real estate

- Investor
- Smyrna, DE
- Posts 15
- Votes 10
Hi Gabriel!
Welcome, I am a beginner, too. Read the BP forums, try to get the BP books from your library, watch the BP podcasts, you will learn so much! I use the search tool as like a Google for whatever real estate question I have and it delivers. The community is awesome, welcome again!
Post: Single family w/ detached garage!!

- Investor
- Smyrna, DE
- Posts 15
- Votes 10
Just a few thoughts...
If the house is spacious enough where there is no need for extra private space, I'd say keep the garage.
If your market is predominately male buyers, I'd consider the man cave, but my market is predominately female so I wouldn't consider it.
If the garage is unsightly, maybe take it down, it could boost curb appeal. More grass is more maintenance, so imagine if you or your future buyer is looking for higher or lower maintenance.
Hope this helps and good luck!
Post: Help me analyze this property. Should I jump on this opportunity?

- Investor
- Smyrna, DE
- Posts 15
- Votes 10
I didn't get the chance to run the numbers on my own, however with the capital that you've painstakingly saved, there are much better investing opportunities than anything negative in cash flow. All properties historically appreciate at 3%, so I don't think 4% appreciation is not anything that would rush me into a deal. I'm just curious, have you plugged the numbers into the Bigger Pockets rental analysis calculator? That is an easy way to analyze an investment. Think with your calculator, not with your heart!
Post: Is the need for affordable housing creating new markets?

- Investor
- Smyrna, DE
- Posts 15
- Votes 10
Post: I have $20,000 in cash is there any way to get into the market?

- Investor
- Smyrna, DE
- Posts 15
- Votes 10
Unfortunately, with real estate investing, you can't just drop $20K into something and see a high return. All real estate investing is going to be risky without the proper education. I don't think anyone would suggest investing in real estate with "limited knowledge."
Investors use education to mitigate risk. However, this site and the BP community ensures there is no "gatekeeping" to proper real estate education. You can go from "limited knowledge" to super high knowledge for free! You don't need to hire a mentor, especially if you don't even know what your weaknesses are yet. I would get started browsing the forums, watching the podcasts, and reading the books. Once you start to get confident in the lingo and strategies, come to the forums and throw in your two cents. Seasoned investors will correct you and you will go from knowledgeable to even smarter!
Post: Looking for ways to gain experience

- Investor
- Smyrna, DE
- Posts 15
- Votes 10
You need a broker's license to manage rental properties in MN? Even for a house hack? Wow, that's a pain in the butt. However, if you are planning on being a real estate investor and property manager, the experience of being a real estate agent would definitely help!