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2 September 2013 | 4 replies
Perhaps find a local investor who will coach you for a *reasonable* fee.Better yet, once you have the basics down, go out and find a great deal, and when you find it, take it to a local investor and offer to partner in return for some coaching (if you bring a great deal, many investors will be happy to work with you on it for a piece of the profits or a 50/50 partnership).Good luck!
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27 August 2013 | 2 replies
Make sure that in your research you learn about the importance of and the proper way to structure a partnership agreement so both of your interests are protected.
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29 August 2013 | 33 replies
From what I can tell, false advertising is not only shady as hell, but is also illegal, and subject to enforcement by the FTC.Here's what I was able to dig up on 15 USC § 54 - False advertisements; penalties:or if such violation is with intent to defraud or mislead, be guilty of a misdemeanor, and upon conviction shall be punished by a fine of not more than $5,000 or by imprisonment for not more than six months, or by both such fine and imprisonment; except that if the conviction is for a violation committed after a first conviction of such person, partnership, or corporation, for any violation of such section, punishment shall be by a fine of not more than $10,000 or by imprisonment for not more than one year, or by both such fine and imprisonment:Perhaps you'll reconsider such tactics . . .
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3 September 2013 | 14 replies
Assuming worst case, and I know she always does, would it be best to offer someone like this a partnership, or percentage on ROI or what?
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29 August 2013 | 3 replies
So long story short Im starting out in Investing and my partners and I had a falling out. Im moving to Jacksonville, FL to be near my family. Im thinking of getting my real estate license down there in hopes to lea...
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30 August 2013 | 7 replies
I'm looking for a mentor and it to possibly grow into a friendship/partnership.
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30 August 2013 | 1 reply
And yes, losses decrease your basis; however, if you have to carry it over as a passive loss it will be taken when the partnership interest is sold/dissolved.
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31 May 2020 | 6 replies
Hi, David,I live in Italy but I own a rental property in Huntsville, AL.I fell in love with Real Estate after spending 3 years in the US.I am looking for another property and I could need a partnership with local investor.
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11 September 2013 | 21 replies
I was particularly looking into joint ventures with a limited partnership or LLC or land trust.Note: I know that I need legal counsel.
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4 September 2013 | 1 reply
There are four members in the buying partnership so I had to heard cats numerous times to get the new lender all the financials, bios, etc. that he requested for the three other partners and myself.After my 60th email to him responding to yet some other small bit of information he needed before presenting the deal to the loan committee I began to get worried.