![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3160519/small_1736173348-avatar-natem199.jpg?twic=v1/output=image&v=2)
19 January 2025 | 14 replies
I think if you are going to keep all three parties involved as owners of the deal long term then you need to separate yourself as a renter and a contractor.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1790597/small_1629010761-avatar-ninae6.jpg?twic=v1/output=image&v=2)
8 February 2025 | 57 replies
However, I notice that Personal Injury is not included and I'm thinking that may be important to have for a Short Term Rental.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/793486/small_1621497544-avatar-hitanshu.jpg?twic=v1/output=image&v=2)
15 January 2025 | 7 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/764633/small_1621496905-avatar-joelb49.jpg?twic=v1/output=image&v=2)
7 February 2025 | 0 replies
However, if you’re running an investment group in another market, we’re open to licensing it or finding a way to make it work for both parties.If this sounds useful, DM me or comment below, and I’d be happy to share more details!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/264857/small_1621437412-avatar-thomasy1.jpg?twic=v1/output=image&v=2)
19 January 2025 | 269 replies
@Thomas YoungmanThank you for such a detailed response.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2933246/small_1706512396-avatar-pierret14.jpg?twic=v1/output=image&v=2)
13 January 2025 | 1 reply
Here's the breakdown:Financing: We used a seller carry deal with 25% down ($100k), a 30-year term (balloon in 10 years), and a 4.68% interest rate.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1122603/small_1736470437-avatar-cheryla31.jpg?twic=v1/output=image&v=2)
26 January 2025 | 33 replies
Quote from @Evan Polaski: @Chris Seveney, I hadn't looked at any details on this offering into now.Things to consider from their own marketing:Operating partner has done all of 10 flips.Their entry price point is a price that I would expect any truly experienced flipper to be able to take down very easily on their ownTheir historic IRR, while high by MF standards, is average, at best, from my experience with flips, and it is unknown if this is net to LP returns.I have flipped homes myself, so am not their target investor.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3159524/small_1734721704-avatar-stevew461.jpg?twic=v1/output=image&v=2)
31 January 2025 | 9 replies
@Steve Wortman Would something like this be of interest to you: https://www.realtor.com/realestateandhomes-detail/15326-W-Bi...?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2825041/small_1737169735-avatar-jonathanb849.jpg?twic=v1/output=image&v=2)
23 January 2025 | 10 replies
To find reliable contractors, ask for recommendations from other investors, real estate agents, or your local hardware store, and check platforms like Angi or Thumbtack for reviews.It’s best to bring a contractor out after the inspection so you have all the details to discuss.