Hi all, I am looking to team up with a sibling on a deal and am looking for guidance on how people typically structure partnerships.

I've gotten so much help from the forum that I wanted to share a lessons learned and the process i went through with an eviction i had mid last year. 

He said we would utilize a payment service to ensure payments are made, and also a "performance deed", so that if they stop paying I could reclaim the property without going through a year-long foreclosure process.  

Hi All, I am a structural engineer by day looking to branch out into the world of real estate investing.

I would love to connect with someone currently going through the process or who has completed the ADU build.

To simplify the decision process, I created the following decision tree.

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

Or should I pay for the subscription to make the screening process easier, collecting rent, tracking maintenance, etc?  

I would definitely have a structural engineer do an inspection if moving forward, but the question is...should I?

AT what part in the process do you do this?