easy to build, rent, refinance repeat. might not be your market. look at the underwriting model. we underwrite every deal not only with fresh comparable but market economics change. land costs go up or down, construction costs go up or down, design modifications improve the property, comp sets can get more favorable or less favorable.

We just liked how Rentec Direct was setup for us - it has a really simple interface, but did a lot of what we wanted.

But with CA laws and 10 investors they can get into the deals with 100k and share it..

In general, parking is one of those things that is not exactly fun to deal with, but it makes a ton of money.

So I approached the foreclosed upon owner this week to confirm that she had sold her right of redemption... she confirmed.But the investor has not filed the petition for redemption.And of course the court has not approved the sale.I am bummed about losing the deal.  

Many carriers are including exclusions for GC commercial general liability coverage and professional liability coverage for engagements involving condos and even stricter exclusions when dealing with conversions.

That said, what is not clear is whether your CPA prepares a partnership tax return for the deals where you guys partner up.

@Abby H.Shifting from house hacking to small multifamily is a great way to scale, and securing a JV partner is all about networking, credibility, and structuring a win-win deal.

Hi Aidan, when you first started you can create your partnership agreement per deal depending on what your end goal is for the property. 

Honestly, every deal helped me grow, and I’m sure it’ll be the same for you!