I am hoping to find a partner that I could potentially have on my bench to do future projects with and even cut them in when possible.

Lenders want to know if both have stone countertops, jets bath, hardwood flooring but does not care it is engineering or gleam wood flooring …..

That’s right, cutting the grass, gardening, relaxing on the deck, grilling out, etc.

That’s right, cutting the grass, gardening, relaxing on the deck, grilling out, etc.

I won't touch your comment about the investment being 100% driven by appreciation, there has been plenty written about that in the past.If you don't care about the expense of a property manager than sure, hire one.

Take care,Nick

I am not telling you to cut your agent out of the deal, but on sub-$50K deals there isn't much meat on the bone to pay two agents.

Commercial agents get cut out of deals waaaaay more than residential agents, so we need to know you're  not looking to be cheap, that you value our services and can commit to paying us.I'm not saying you haven't done all of this, but again you will be amazed at how many people want to use us to pay nothing to get everything.  

Hey Steven, So be really careful about taking these "rules" you read about too seriously.

Who cares if you are “underwater” if the asset is making you cash flow...just don’t sell and you won’t have a problem.Also, the rich might still sell, they just might sell and re-leverage into a larger property.