I joint ventured with my buddy builder and we hit the jackpot. 38 homes with nice profits.Point is to let your imagination run loose when your looking at a property and then work the numbers, you never know, for example when I had to move to my present location I looked at a duplex for sale in a great location of nice homes.

My buddy Roy does reiak group.Kassandra

A buddy filled a 10 bed 3 family for an out of state owner she takes 100 a month off the top for each bed, makes 1,000 a month on a property she doesn't own or manage just fills.Paul

A buddy of mine was screwed out of a deal and out of time and money after he assisted with bringing a California deal together from New Jersey.

(technically, they get an 8% preferred return and I get a 6% developer fee if all goes to plan, then we split any upside after that).In your situation, if you and your two buddies all put in cash, and all have some sort of management/decision making roles, you could divide the ownership and upside according to your capital contributions.

DO NOT rent to your buddies.

I have a buddy of mine renting out one of the three bedrooms in my home.

My buddy owns Higgins Over Head Doors in Crown Point and he is vary busy.No rivalry left in these bones Dion, I have been gone a long time.

I have always been interested in real estate investment and my buddy Scott Swink, a BP Veteran, invited me to utilize this site.

A buddy of mine had his insurance fixed a differential settlement on his 2500sf house in Coral Springs two years ago, the price tag, engineering report alone was $4,000 (and pretty ****** engineering), repair was $23,000.Now, if its just a spot, that rotted at one end of the door, due to a beam failure right under that spot and the rest of the house is level and square, then a carpenter and a series of bottle jacks may be your answer, doesn't appear to be the case here, though.