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18 November 2020 | 5 replies
You could also consider a cell tower lease, subdividing in accordance with zoning or a family exemption, leasing land to farmers or grazers, timbering the land, or even "donating" the land through a charitable/conservation easement.
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4 November 2020 | 0 replies
There were some headache repairs such as a plumbing leak that had been there for a while, some roof issues, and poor bathroom fans that contributed to common mold in our area.
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12 November 2020 | 4 replies
Thank you all for contributing!
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6 November 2020 | 15 replies
Thanks for contributing
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6 November 2020 | 30 replies
Thanks for contributing your knowledge to the community.
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11 November 2020 | 11 replies
Read down the contract a bit, the seller's contribution (standard is 2.5-2.7% for smaller investments) will reduce your obligation to pay.
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6 July 2021 | 16 replies
Having someone else available to do in-person pop-ins is also helpful, though not necessarily required if the contractor is good.There are a few others as well, but more generally I've found that as an out-of-stater I have to a) have effective systems in place far sooner than I did for local investments, and b) need to find teammates and other partners much earlier than otherwise, and often have a way to pay them for their contributions.
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5 November 2020 | 4 replies
However, someone needs to pay your guy's commission and if anyone I'd try to get the seller's agent to be somewhat charitable (otherwise you gotta bring in more cash).
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6 November 2020 | 7 replies
@Will Gaston @Todd Dexheimer @Ori Skloot @Reece Iovine @Marilyn SavageThankyou all.I posted variations of this question on several BP forums. none of the responses have been as comprehensive and grounded as you have all contributed.
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8 November 2020 | 12 replies
Considering we will be contributing equally and distributing cash flows and equity (when sold) equally, would it be fair to ask for commission split 50/50 on the acquisition of the SFH we intend to partner?