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All Forum Posts by: Ronald Rohde

Ronald Rohde has started 17 posts and replied 5012 times.

Post: CPA Recommendation in Dallas, TX

Ronald Rohde
#3 Commercial Real Estate Investing Contributor
Posted
  • Attorney
  • Dallas, TX
  • Posts 5,227
  • Votes 2,184

What type of lawyer? LLC formation?

Post: Good way to purchase first rental

Ronald Rohde
#3 Commercial Real Estate Investing Contributor
Posted
  • Attorney
  • Dallas, TX
  • Posts 5,227
  • Votes 2,184

turnkey is pretty good. Garland has some good 1% houses...I can send you some if you like

Post: Lawyer Conroe/Houston TX

Ronald Rohde
#3 Commercial Real Estate Investing Contributor
Posted
  • Attorney
  • Dallas, TX
  • Posts 5,227
  • Votes 2,184

What type of work do you need?

Post: Price cuts in Dallas Texas area

Ronald Rohde
#3 Commercial Real Estate Investing Contributor
Posted
  • Attorney
  • Dallas, TX
  • Posts 5,227
  • Votes 2,184

We've seen market getting slower, not necessarily price cuts. Higher priced $500k+ homes are also slowing down too

Post: How much is needed to start investing....

Ronald Rohde
#3 Commercial Real Estate Investing Contributor
Posted
  • Attorney
  • Dallas, TX
  • Posts 5,227
  • Votes 2,184

Problem is that if you spend all $20k on a SFR, how long until the next deal? I would get at least a duplex that will allow you to move-out and liquidate your equity to put into the second deal within 6-12 months instead of a year plus hold on SFR.

Post: Need advice, very odd situation...

Ronald Rohde
#3 Commercial Real Estate Investing Contributor
Posted
  • Attorney
  • Dallas, TX
  • Posts 5,227
  • Votes 2,184

Texas lawyer here, did landlord sign the termination of lease? If so, when was that dated?

Post: Real Estate Attorney Referral

Ronald Rohde
#3 Commercial Real Estate Investing Contributor
Posted
  • Attorney
  • Dallas, TX
  • Posts 5,227
  • Votes 2,184

What type of real estate legal work? Transaction review ?

Post: How you structure 50/50 partnership

Ronald Rohde
#3 Commercial Real Estate Investing Contributor
Posted
  • Attorney
  • Dallas, TX
  • Posts 5,227
  • Votes 2,184
Originally posted by @Brent Coombs:

How about this Agreement: "Each pays half of all bills, and receives half of all revenue"?

[Now copyrighted by me. I only charge @ $99.00 to let you use that official terminology]. Cheers...

 Thats fine to address expense sharing and profit sharing, but what about management decisions?

Post: Buy and hold investing in Lubbock

Ronald Rohde
#3 Commercial Real Estate Investing Contributor
Posted
  • Attorney
  • Dallas, TX
  • Posts 5,227
  • Votes 2,184
Originally posted by @Jeff Gonzales:

@Ronald Rohde I appreciate the feedback! The supply seems steady. Overall, Lubbock is what I would consider "boring", which is what I'd prefer. Although a houseful of students could change that really quickly haha. 

Boring is good! Excitement tends to cost money. Good luck 

Post: Buy and hold investing in Lubbock

Ronald Rohde
#3 Commercial Real Estate Investing Contributor
Posted
  • Attorney
  • Dallas, TX
  • Posts 5,227
  • Votes 2,184

From just online research, you seem on the right track. I am curious if they are just lacking supply or if students just eat up large chunks of demand.