@Joe BlowI would Eliminate that gray area that typically comes with those type of arrangements.

The 2nd deal was sold in October of 2019 and his net profit per our arrangement was $15K.

(older homes, etc,I'm happy to talk to you about it if you are nearing the time where you are able to buy-  ie- financing arranged or good down payment available. 

Tenant sent pictures of broken porch light that the roofer taped back together, the flowers trimed down to the stubs because the roofers flatten out the flower beds.

Is this a fairly typical arrangement for partnerships?

Would this be beneficial for the family regarding estate taxes (FIL is in very good health and not foreseen to have many health issues in the next decide)We welcome your thoughts and ideas on how we can make the most of this situation and arrangement.

Hi everyone,I got this deal that I don’t know how to arrange it.

Does it make a difference if the arrangement is more:70% IRA LLC30% cash LLCDo you have to buy properties full cash outright with a self directed IRA, or could my IRA/myself get a commercial mortgage?

To me their value is in chasing down late rent and collecting late fees as well as being willing to post notices and arrange for repairs  In Minnesota I paid a full month for placement, but then just $89/mo on $2700 in rent.

If they are not tire kickers, then I'll arrange to go see the property.After a property walk through, I'll call them with a verbal offer within 24 hours.