They usually tally it up at the end of the year.

Kinda hard in the small state of ND but slowly getting there.

In contrast, private lenders focus more on the value of the asset, offering faster, more flexible loans for projects like fix-and-flips or rentals, which can be crucial in time-sensitive deals.It really boils down to your priorities and preferences.

I would vote bookshelf, since in long term rentals, typically, you want the least amount of things you will need to fix, as possible.If short term rental, than Murphey bed would be my vote, typically.

Pleasant area of Cleveland in 44120, and had some decent tenants that are vacating the property.

There is a great group of members on here to connect with.

For a partnership where you're providing all labor and the broker is funding the deal, a fair split typically ranges from 30-50% for you and 50-70% for the broker, depending on the value and complexity of your labor versus the financial risk they're taking.

Verifying the use of the money and confirming in writing that it’s for a business purpose are integral parts of any private loan.

I have 5 years of real estate agent in Central Indiana.

I want to keep 5-10% of the property's value in this account.