All Forum Posts by: Matt Said

Seems like if you aren't there already, you are getting close.  Do you have a good credit score & are you going put down cash or refi one of your existing properties for a downpayment?  Seems like planning off just your salary vs. wife's future earnings is very smart thinking, a good hedge against big issue or getting too thin.  Good luck!

Thanks, I've reached out to them.

I'm looking for someone as well.  Property in Lakeview/Wrigleyville area, any recos would be appreciated as I have a pressing need.  Thanks!

Looking for a reliable and affordable handyman in Lakeview area of Chicago.  Normal tenant issues: slow toilet, broken garbage disposal, broken electrical outlet, tile repair, etc.  I need help maybe 3 or 4 times of year so a jack of all trades would be helpful.  

Sorry if I posted in the wrong forum but thanks for any feedback!

I have multi-families in Kenosha (just south) and $40k/unit feels high to me, though the rents are pretty good.  Obviously if they are done, that is a huge plus, but I think closer to $30-$35k is more reasonable without knowing the exact area in Racine.

I don't but please let me know if you find any as I'm in you same markets.

Good Luck!

My partner and I are looking for an agent to help us find a flip property in/around Milwaukee WI.  Looking for an all in purchase price/rehab of $100k or less.  

Any recommendations would be appreciated!

 Thanks Jeremy!  I hadn't thought about risking the taxes on the rental income.  And I get your point on the GC but part of the work that is beyond GC duties is visiting, analyzing and working with agents to buy/sell the properties.  

Thanks for the quick response!  I've been reading many of the other posts with similar questions but everyone's situation seems a little different.  

I already have an LLC with a family member for Buy & Holds but we want to do a flip together. On the buy and hold, everything has been 50/50 on the cash in. However for the flip, one side is putting up all the money and the other is doing all groundwork and will do a good amount of work plus hire/oversee all the outside labor. In some ways, it is like an out of town, silent partnership for the one putting up all the cash (including rehab $'s) but since it is family, neither side is going to negotiate hard or hurt the familial relationship. In the end, we both want to make money together.

So net, how would you suggest we split the profits?