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25 September 2019 | 11 replies
It can be difficult to find performing notes with enough upside for both you and your other investor to make a decent profit (and with a performer, there is often no clearly defined exit point).
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19 September 2019 | 1 reply
You'll learn a lot of things defined as "what not to do"...which, although important, not valuable at all if you run out of money...and still don't know what "to" do.Keep looking, and learn how to find markets (not properties), how money works (strategies for moving money through deals), and don't start moving your cash until you have a plan.
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28 September 2019 | 9 replies
How do you define abnormal wear and tear and lack of maintenance?
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24 September 2019 | 7 replies
Defining what is good enough and what is necessary is tough, but after almost 20 years we know each other pretty well and we know who likes new windows and who just wants to replace a broken window pane, who thinks a $10 gasket on an exterior door will last a couple of years and who wants to spend $1000 having a door professionally installed.
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22 September 2019 | 7 replies
@John MorganI believe the confusion is that you are defining an independent contractor as a one-man sole proprietorship...An independent contractor is an individual or business that provides services to your business and is not your employee.
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20 September 2019 | 1 reply
You must purchase at least as much as your net sale (this is defined as your contract price less closing costs and expenses (in your case that would be $200K - $10K = $190K)2.
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15 November 2019 | 13 replies
The buyer makes an offer (say $240k), defining what they can put as a down payment, and the terms s/he proposes.
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17 November 2019 | 14 replies
Right now I'm defining "conservative investment" as being a 20% down payment, however current prices of those houses seem to indicate that my savings may not be adequate and along with my general lack of knowledge/experience it may be more feasible for me to partner with someone more familiar with the locations and real estate in general.
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19 November 2019 | 12 replies
The JV Agreement should define each of your roles and responsibilities in the deal in detail.
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29 May 2020 | 12 replies
Denver metro includes the surrounding suburban cities.As Steve mentioned, I also like the west side of town which is defined as west of I-25 interstate.