All Forum Posts by: Jessica H.

J Scott"s blog/books and all of its great content is what helped us when we first got started. It helped us scale the learning curve that much faster ( although we are still learning) and led us to find BP! Thank you for sharing your knowledge @J Scott !

I understand what you are saying, there is a lot of debate about 50/50 JV but honestly I think it is really what allowed US ( and our specific situation) to get into the game. It could be different for others though......We will still keep our 50/50 LLC with our business partner and continue doing deals with his capital but also open up another LLC to do our own personal deals with other PMLs.

We have a 50/50 Jv agreement and so far ( past year) has been great. We wouldn't have been able to get started if it wasn't for our partner. Now if you can get someone to loan you the money for an annualized ( or whatever amount of time you decide on) percent that would be better but if JV is the only way to get going, I say go for it! All that to say, we now have other PML interested in funding our deals and are definitely going the loan route this time and doing deals with them outside of the current Llc we have with our partner. It kinda feels like cheating though....is it?.....if our current partner just fronts capital??

Could you find a money partner? What can you bring to the table to make it appealing for them?

I do think it depends on market, however, we have staged all our properties and they sell right away at list price.

Welcome to the site!

I love the skinny concept...kinda like the whole tiny house thing.....the skinny house. Do you find these types of homes are in demand in all your markets or this one in particular? Areas where you don't get much land??

@Jay Hinrichs 

looks great! what were the numbers?

We rehab our properties.