This involves: Providing capital in a timely manner for pre-approved deals.Ownership is allocated in the following way: The asset manager owns 20% of each property.The other 80% is owned by those who provide the financing for the deal, with no distinction between leverage and cash.Partner’s percentage of interest in the company is the net percentage of capital contributed across all properties, multiplied by 0.80.When new assets are added to the company, percentage of ownership is recalculated.If cash infusions are required for major improvements not covered by reserves, we recalculate percentage.Distributions are paid quarterly based on profits, on the 1st of the month, based on a percentage of ownership.Now here comes the question: If I cash-out refi the property, is that my capital contribution, or his?

In my mind I would prefer to pay a higher percentage to a wholesaler who I believe can consistently bring me good deals.

We consistently stay away from deals we are not comfortable with, even if they are very profitable.A few years ago my wife quit her full time job to be with the kids.

My advice is just stay consistent with your mailings, return missed calls immediately, and follow up, follow up, follow up.Happy investing!!

He is willing to take the risk of losing a little market upside with locking into a tangible asset he owns.I tended to be fairly consistent in annually looking at my portfolio and seeing what had performed, what had not, and re-balancing as needed (based on traditional pie chart models of diversification).  

Some will perform way better than that, others worse & again which ones perform and don't perform will change with time.Also worth noting that the nicer the home and neighborhood the more consistent returns you will receive.

I've listened to about 100 of the podcasts in the last 3 weeks while doing my construction job and he is so consistent.

I'm hoping that's just from my lack of experience, but I'd like some insight before I jump into this market.First, something is seriously wrong with a market if a person can ever (let alone consistently) get a 20% discount.

Now I have the opportunity to go out to Denver, I'm in Grand Rapids now, but I'm ready to get marketing and I don't know which is going to yield a higher ROI and be more consistent.

Hey all, I have had tenants who were great in their first year, and consistently late in their second year with us.