All Forum Posts by: Curtis Linville

I am in the process of buying a half duplex and the owner of the other half has reached out to me about selling. Is there any way that I can roll these two purchases into one so I only have one appraisal/inspection/closing cost? My lender and realtor agent have not seen a situation where a duplex that has two separate owners both sell at the same time to a single buyer and are digging to find information as well. Just curious if any of you could give us some pointers in the right direction. THANKS!

To make matters more complicated I am 2 weeks into the first deal. They are currently working on resolving the issues that came up in the inspection so its a time crunch for sure!

Thanks, appreciate the feedback. I'll check out the Marketplace in the forums. Looking over the topics thats the closest I see for what I'm looking for. I was trying to find a section more along the lines of 'Looking for an Investor' or 'Creating Partnerships'. I have not attended any REI's so I'll look into getting on that!

Hello everyone, I've been running numbers on just about everything that comes on the MLS (I currently dont have a way to find off market deals) and I found one that has ~12-15% return but requires 90k down. I'm working on getting the actual numbers from the agent so I can know for sure, but either way I think its good enough to split with a partner. Any suggestions on how to find a partner and or how to structure a deal that is advantageous for both of us?!

Thanks for the quick follow up and insight  @Andre Chambers 

Did you start off asking 65% going up to 85% then 95% or did you tweak those numbers? I ask because I feel like if I offer 65% of a fairly priced 200k unit I'm just going to offend the seller and they move on. I've used the techniques in this book at work and on roommates with great success but I'm just nervous about applying the Ackerman Model in price negotiations, especially when all I can do is advise my realtor to use these open ended questions and what not then turn it over to him and wait to hear how it goes.

@Kenny Robbin I live in the Warrensburg area and am looking to get into the buy and hold game. Feel free to message me if you have any questions about the area!

Thanks Sam, I'll look into cold calling and asking other investors in this area about their experiences with banks. 

Hello there fantastic people of BP, I'm interested in joining you guys on this real estate adventure. I'm 24, a software dev, entrepreneur, lifelong learner, and most importantly... receptive to your sage advice. I live near and around the KC MO area and would like to invest close to home before branching out. Currently I am looking into 'buy and hold' properties because my goal is to generate enough passive income to support myself in creating other businesses, not necessarily related to real estate.

I've listened to a few cherry picked BP podcast before starting from episode one (currently on 22), attended one meetup with another one planned tonight, spoke with 2 local investors to build a solid connection and I and am half way through the E-Myth.

I just started diving into all of this real estate talk about a month or so ago and I can not wait to gather a few units. So that this isn't just a 'Hello my name is' message I'd like to generate some discussion:

1.) My next step is to get friendly with lenders, how have you accomplished this, how can I accomplish this if I'm at work during banking hours?

2.) How have you Incorporated e-myth's franchise prototype into your real estate empire? Such as practices, systems and other goals?

Thank you guys for the warm welcome, for being an open community, and getting me this far in my journey.