We have an estimator tool where you can view various appreciation and settlement scenarios so that you can see the numbers for yourself without providing any personal information upfront.

It is heated (No AC) and has a small parking area for approximately 6 cars.

It is heated (No AC) and has a small parking area for approximately 6 cars.

Quote from @Kelly Farmer: My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $15,800Positives:1.

From there you can calculate approximate cash contribution from money partner and outline your responsibilities as the operating partner into an operating agreement or joint venture agreement.

I have new builds sitting because the windows or floor trusses are taking longer than originally estimated.

Property 1: Single familyWorth 20 - 30kNo debtProperty 2:3 familyWorth roughly 60k18k left on a 5 year owner financed deal with about 33 months remainingThe values are rough estimates.

How are you estimating your ARV?

You should feel good that you broke even, but you probably bought too high and estimated way too low.

He gave me an approximate quote of $2,500 for my returns, I agreed to that and paid promptly.