@River Sava I have looked at Somerville and really like the opportunity there but it's more expensive than I think the other people investing with me would be willing to participate in for a 1st flip.

While it is easier to defend the use of a JV structure with just a couple people, they would need to be active participants. 

If on the other hand, case 2, you have some strict rules regarding how you can or cann't participate in the management of the property.

I felt all 3 were good values but the participation was not great.  

I’m particularly proud of my peloton handle - @BiggerPedals. follow me if you get one ha!

Technological advancements are reshaping the real estate industry for investors in various ways:Data Analytics: Advanced tools offer insights into market trends and investment opportunities, aiding informed decision-making and risk assessment.Virtual Reality (VR) and Augmented Reality (AR): Remote property exploration with virtual tours saves time and resources, attracting potential buyers or tenants and expediting transactions.Blockchain: Secure transactions via smart contracts reduce intermediaries, costs, and fraud risks in property dealings.Online Platforms and Marketplaces: Digital platforms broaden access to properties, investment options, and real-time market data, enhancing efficiency and transparency.Artificial Intelligence (AI): AI algorithms predict market trends, identify investment opportunities, and personalize recommendations based on investor preferences.Internet of Things (IoT): IoT devices provide real-time data on property performance, enabling cost reduction, efficiency improvements, and better tenant satisfaction.Crowdfunding Platforms: Real estate crowdfunding democratizes investment access, allowing smaller investors to participate in projects previously out of reach.In summary, embracing these innovations enhances efficiency, transparency, and accessibility in real estate investment, enabling investors to capitalize on emerging opportunities and stay competitive in the market.Thanks!

G'Day everyone,Today I'd like to talk about a few misconceptions that I see in the market.I've been reading about many investors believing that they are getting a better/safer deal if they are using leverage.They believe this because of the fact that most lenders require an appraisal and a building inspection.So let me explain a few things and burst your bubble lolMany operations like Ohio Cashflow's will usually have a monopoly in the region that they operate in.They tend to be the biggest buyer in town so over time they establish relationships with city inspectors, judges, lenders and "Yes" building inspectors and appraisers.Many will enforce you to go through their "trusted lender".This might be to make the process smoother but it can also be to influence the end result.After 10 years in the business and 1,000+ deals under my belt, trust me when I say that it's not that hard to influence a building inspector or appraiser to "Bat" in your favor.Also, just think about the thousands of comparable sales sold by the same company that can now be used as a comp when conducting an appraisal on the target property.I don't really have a dog in the fight because we loose 90% of business due to our stubborn "No financing" policy.But I just want to point out some things to folks that might not know/understand how the wonderful world of real estate works.We sure do loose a lot of business because of our ways, but to be honest I'm proud of it as our boutique approach has enabled us to have one of the best reputations in the business.Recently a few folks have mentioned that Ohio Cashflow does not allowing building inspections or appraisals.This is not true.Every investor can freely conduct both.We just state that we won't fix all of items that the building reports shows.Why?

Here's where to look for them:Real Estate Investment Groups and Forums: Participate in social media and online forums devoted to investing in real estate in Houston and its surrounding areas.

And yes, I say that proudly.

Unless you are a licensed real estate agent or broker, it is not legal for you to participate in any real estate commission.