I am planning to offer an equity position to a friend in a property I am currently in the process of refinancing.

Pricing a rental property too high is a BIG mistake. 

Do you have property managers and contractors who your clients have been using for over a year successfully?

Your ability to turn around a property with an 11% cap rate is a pretty strong selling point.

Know your market cap rate and you can quickly determine whether property is worth a closer look. 

This is my first post on here and excited to share my real estate investing journey with the best partner in the world, my wife.. we are looking into buying our first investment property via hard money.

I just think for me $15000 would have been better spent on a down payment on a property.

I will be the one actively managing the property and doing most of the research, and my brother will act as more of an investor.

I'm a new property manager, have been hosting my own house on Air BNB for just over a year.  

After 8 years or so, you've got three or four properties and the world opens up to you at that point.