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5 January 2025 | 7 replies
Quote from @John Friendas: There's a house I'm considering buying with a business partner as an investment rental.
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27 January 2025 | 6 replies
Hey David, my partner builds these in the LA County area.
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17 January 2025 | 19 replies
For background, I'm partnered with an architect and interior designer, but I'd have to find most of the subs as I don't have any formal connections (at least in the area I'd like to build).
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6 January 2025 | 38 replies
SDIRAwealth, Beckstone partners.
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27 January 2025 | 12 replies
He doesn't personally provide the coaching but it's done by his partners (Thomas Lorini in my case).
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13 January 2025 | 14 replies
@Jeanette Land why don't you canvas your network to find a money partner?
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10 January 2025 | 6 replies
Second, by working with an investor does this mean partnering with them and using their capital for investment properties like fix and flips?
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1 February 2025 | 23 replies
If you want to be truly passive while living abroad you could consider a DST transfer or syndication where you transition your properties to professional management and get paid as a limited partner and not have to worry about any sort of property management takes.
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9 January 2025 | 0 replies
I personally created all the artwork displayed throughout the property, and my partner and I tackled all the remodeling and landscaping work ourselves What was the outcome?
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11 January 2025 | 11 replies
Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.