Maurice Young
Sergio Altomare
2nd Syndication Exit - Another Home Run
14 May 2019 | 5 replies
The final distribution was as follows:Net Proceeds from Sale $314,419 Account Balance Adjustments $18,822 (reserve funds, mortgage reserve, insurance refund, etc.)Total Funds Available for Distribution $333,241 Disposition Fee - .05% of Sale Price $(3,400)Return of Capital $(130,000)Tax and LP Dissolution Reserve $(15,000) (funds set aside to dissolve LP)Subtotal $184,841 Limited Partners Profit - 75% to Capital Contributors $138,630 Managing Partners Profit - 25% to Managing Lessons learned?
Kara Beckmann
My first hard money flip took 3X longer than expected
14 May 2019 | 6 replies
Lessons learned?
Adriana Diaz
Having trouble renting our investment property . Any feedback ?
16 May 2019 | 125 replies
And you've learned valuable lessons so your future looks bright.
Terry Champagne
Robert G Turnier
First real estate investment
13 May 2019 | 0 replies
increased rent Lessons learned?
Robert G Turnier
First real estate investment
13 May 2019 | 0 replies
increased rent Lessons learned?
David Simard
Used appliances or new ones?
16 May 2019 | 41 replies
One more important lesson I learned; I once bought a stainless steel stove for $50 and picked up myself.
Yelena Utin
first total investment purchase (not owner-occupied)
14 May 2019 | 1 reply
Lessons learned?