www.SJREIA.org/CentraThis month it's "Shark Tank".  

There are no sharks here!

Hope it's not like going to the Casino and hitting it on your first slot roll. 

If I am in no hurry I just give them a slot to do it in and they use it for fill in work.

For developers in Denver, City of Denver recently came out with some recommendations for tackling slot homes and rowhomes.

I have worked for an investment company out here in SoCal called Sharks hoping to create a business and investing relationship.

Sharks will take 70% of your income but it is exchanged by experience and a flip inder your belt, repeat 3-4 times and someone would start listening.

Expenses must include a PM3 - Initial cost (cash in) must be no more than the maximum % of ARV needed by the initial REI (seller) that would leave that REI enough equity to keep enough CF/M to make it worth it for them to stay on as Deal ManagerExit Requirements (or Entrance from the Buyin point of view)1 - Splits of available (see Entrance Requirements #3) equity must be divided up evenly2 - Cash flow is split the same ratios as Equity splits3 - Property is held in an LLC, and the Equity Splits are actually membership splits of the LLC...not the property, because...4 - The LLC is the asset, and income source, for the LLCSince I started doing this, I find myself filling orders more than trying to fill Equity Slots...especially with my Out of State REI/Partners.  

But most electric contractors want a whole slot opened because closing it ain't their job!

The sharks are circling.