Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
I'm not saying you're doing this, but people will often make the mistake of looking into the highest priced rental unit and making that the "market rate" but it's often not a true comparable to the subject.
Jeff G.
What are some warning signs that an area is slipping from C class to D class?
7 January 2025 | 19 replies
A lot of subjective/anecdotal criteria here.
Collin Hays
Tips for negotiating your real estate deal
9 January 2025 | 18 replies
I may explain that while I’d like to buy/finance/invest in his property, I need to earn a certain return on my invested capital for the given amount of risk, and if not able to earn the return on the subject deal than I will on the next deal.
Brad Kanouse
IRA funds as down payment
18 December 2024 | 15 replies
@Brad Kanouse,I believe this is a duplicate of this post:https://www.biggerpockets.com/forums/311/topics/1210256-usin...But regardless, here is my answer:If you take a distribution from an IRA - it will be subject to taxes and penalties.You can convert your IRA into a "Self-directed IRA" and have the IRA buy the property, in this case you are not the owner, the IRA is.
Rajesh Kasturi
Best Places to invest for Mid Term Rentals with cash flow and appreciation
24 December 2024 | 8 replies
Questions like this are too vague and subjective.
Yents Ybrimovic
203K loan new investor question
17 December 2024 | 16 replies
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.
Greg Weber
Has anyone done business with this company or person
19 December 2024 | 37 replies
Please include this subject line " (your name/date/subject)" and I'll respond directly to it.
Cheryl A.
Has anyone invested with Djuric Family Office aka Blake Capital Group
9 January 2025 | 30 replies
., as Chris noted, the required documentation will be outlined in the LP Agreement you signed.
Deirdre Lizio
Should you pick a property manager based on price or service?
14 January 2025 | 20 replies
You need to log everything to protect yourself from any liability.Going back to your initial question--price is subjective.
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
Originally posted by @Mark Felt:When you go on to YouTube underneath the subject line You'll see the thumbs up thumbs down icons, share, save, then three dots that'll look like this … click on the three dots and you can report spam and scam broadcast.