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14 July 2015 | 15 replies
My old agent used to ask me if I liked a house and he was constantly puzzled when my response to him was in terms of ARV, Repair Costs, Cap Rates, and Comp Values.
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15 July 2015 | 11 replies
We both listen to the podcasts and are constantly comparing notes.I wouldn't mind having some passive income as well, but that's not my primary goal.
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14 July 2015 | 0 replies
What could I tell potential money partners and investors, to make them believe I would be a good joint venture partner, even though I have no money or experience in real estate all together.
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15 July 2015 | 12 replies
Joint Venture with Seller on minor rehabs, free and clear house - You get private money for minor rehab, give note for equity, no payments to seller for 4 months, buy it, fix it, resell it, pay off private loan and seller's private note8.
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15 July 2015 | 2 replies
If you had a deal with the basics spelled out, future partners would be able to see exactly what you're bringing to the table and may be more willing to jump in, and as you know most all HML are asset based so they would like to see the deal as well.So, while you're constantly searching for deals, you can vet some HML and partners at the same time.
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23 July 2015 | 19 replies
This was completed with 2 joint venture partners, and worked out completely by us (Dennis Smith and Liz Brumer) We purchased the note from a fund and began the workout right away.
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16 July 2015 | 9 replies
Lastly find a joint partner who can bring cash or a loan with the down payment to the table after you find a deal.
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26 May 2019 | 54 replies
That being said, it's a solid rental market but requires a lot of oversight to protect your investment from constant wear & tear.I'd be interested in bouncing ideas off each other if you are looking to invest in the area.
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16 July 2015 | 4 replies
If I choose to do the 1031 exchange, can the new identified property, a vacation rental, be in titled in both my husband and my name jointly or would it only be able to be in my name only since it was a single member LLC?
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17 July 2015 | 12 replies
They both sign joint and several liability - they both qualify based on your income qualifications individually.