
19 January 2025 | 14 replies
For example, you could create a weighted structure where a percentage of profits is based on cash contributions, and another portion compensates for rehab or management efforts.Rent Payments and Tax-Free Profits:If you structure it as an owner-occupied property, the rent you pay could be shared proportionally, but tax-free gains on resale may only apply to your share, as you’d be the owner-occupant.

23 February 2025 | 80 replies
Probationary fires I assume they get unemployment. the big layoffs that are coming aka RIFs , reduction in force, those will definately get unemployment. well Media wont mention those parts at least the media that hates trump LOL..
17 January 2025 | 5 replies
There are several other issues (undisclosed maintenance markup fees, excessive charges to our account, significant reductions to agreed rent without communication, etc).

19 January 2025 | 9 replies
But ultimately the responsibility lies in my hands.I jumped on a seesaw of risk hoping that the momentum would catapult my bank account into six figures only to find out the hard way that flipping houses isn’t as easy as I had predicted.This house was purchased for $64,000 with an expected rehab of $100k to $120k depending on how much work the dilapidated and neglected house needed.The midwest is lovely but the houses carry the weight of weather storms nearly a century old leading to more damage than a beginning investor could expect.The appraisal came in at $225k for my lender meaning our all-in cost would be around 85% of the sales price worst case.

5 February 2025 | 29 replies
If any of these do not pan out, the turnkey company feels the weight of assuming that risk.

4 February 2025 | 17 replies
I got a nice reduction by the way, since I was able to clearly explain what was going on.

14 January 2025 | 4 replies
If you weight your analysis by: 1.

17 January 2025 | 7 replies
(We had already given them a reduction on the sale price under market.)

27 January 2025 | 35 replies
Rents too. 5-10% more reduction and I will be buying here.

20 January 2025 | 11 replies
Some items might hold more weight than others, but you guys should sort through that together.You also might just do the partnership deal by deal - sometimes jumping into a partnership before you have officially worked together is NOT the best idea...