If any of the specific areas catch your interest and you’d like more details, these are only portions of the full reports I wrote on each submarket and I am happy to send the full report to you, feel free to send me a private messageAfter conducting thorough research on the economic and infrastructure developments in Alexandria, Virginia, I believe it holds strong potential as a long-term buy-and-hold real estate investment over the next 20 years.

You can find more information on the website at NoradaCapital.com or you can contact one of the Investment Counselors for more detailed information.Continued success, Marco SantarelliNorada Capital Management Norada Real Estate Investments(800) 611-3060NoradaCapital.comNoradaRealEstate.comSubscribe to our Podcast Your Premier Source for Turnkey Cash-Flow Investment PropertyWe are proud to be a two-time Inc. 5000 listed company.

Floor Plan CreatorPlatform: AndroidFeatures:Allows you to create detailed 2D and 3D floor plans.Supports laser measurer input for accurate measurements.You can enter exterior walls, fix them in place, and add rooms within.Offers automatic calculations for perimeters, rooms, and walls.Bonus: Plans can be exported to various formats for further editing on Windows2.

Would be happy to meet up and discuss your goals in more detail.

If you haven’t already, consider learning underwriting software or creating a detailed spreadsheet model to speed up your analysis and make apples-to-apples comparisons across deals.Third, as you’re building your team, focus on finding partners who align with your goals and strengths.

FlipperForce is admittedly a bit of a work in progress, but we are still in our early stages and have a lot of tools and features on our product roadmap that we are wanting to build in the coming months.Right now we are working on Print to PDF functionality for our Investment Report & SOW Report, which should be available by the end of next week. 

Structuring the Deal with a PartnerWhile your partner cannot directly participate in the loan, there are ways to structure your arrangement to reflect your 50/50 partnership:Option 1: Post-Purchase Equity SaleYou obtain the 203(k) loan in your name as the owner-occupant.After closing, you sell your partner 50% equity in the property via a quitclaim deed or similar legal instrument.Your partnership agreement would outline each person’s roles, responsibilities, and share of profits.Note: Be mindful of FHA’s rules around title changes and ensure this doesn’t violate loan terms.Option 2: Partnership Contribution AgreementYou both contribute to the down payment and renovation costs as outlined in a partnership agreement.Your partner’s contribution could be recognized as a share of the equity in exchange for funding, services, or property management.The partnership agreement would detail how profits, responsibilities, and equity are split.Option 3: Joint Venture AgreementStructure the deal as a joint venture, where you own the property personally (required for the FHA loan), but profits and roles are split per a formal agreement.Your partner could receive equity-like compensation through profit-sharing without being on the title.3.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

I can provide more details but these are the highlights. 

Available but not on demand.The Lowballer: Initially quotes a very low price but may later demand significant cost overruns.Be wary of contractors who become defensive when you ask detailed questions.Happy hunting!