Ricardo Olea
What to do with money from first deal???
28 July 2016 | 5 replies
Ok, so first I want to say I'm not counting my chickens until they hatch, however, as this deal gets closer to closing I am left wondering what I should do with the money. 50K profit on my first wholesale deal that I joint ventured with a wholesaling company.
Chloe Landon
College or no college? No experience. Need guidance.
12 August 2016 | 32 replies
Hi @Chloe Landon, well ill share my story, I went to school UCSD International Business and I got a master in real estate from Wharton and I work few years in private equity as a investment analyst and did well and open a consulting firm for medium and small private equity and joint venture investors in southern California, I have all this fancy college and had a great background and I done it all I was realtor in college, as well as property manager and analyst and now I flip and build projects you name it, so that's me then I have a very smart partner who came to America from Israel with about $2000 bucks and didn't know English he was 20 years old working double shifts and over night he saved and got his citizenship got loan and flip his first house and his business grew wholesaling multifamily complexes in east coast and now we are both in our very late 20s year shy of 30 birthday and thankfully we have company with about 190 units multifamily and we individually own a lot of property and try to flip 15-20 homes per year, so no matter what route you take belive in it hard work and when you think you are tried and cant take it anymore do it for another 5 hours if you really want to be successful you cant quite and you can think this is so hard just do it till you see results and everything in between forget it don't program your mind into thinking its hard or what is best just do something, please PM I love to help a young mother with any info I can.
Mike Zawistowski
Vacation rentals
22 April 2016 | 10 replies
I will love to joint the group you mention.
Bob Basting
Where to move 401(k) to start investing
26 January 2017 | 10 replies
@Bob BastingWhile you can read on the internet that a joint-venture between you and your self-directed IRA or 401(k) is possible, it is not generally something we would recommend.You are a disqualified party to your plan, and there can be no direct or indirect benefit between you and the plan, in either direction.
Account Closed
Missing Link To Fix & Flipping?
18 September 2014 | 1 reply
Family, friends, doctor, CPA, attorney, neighbor, etc.Another option is hard money lenders, they will be more expensive, require skin in the game, and your experience level will dictate what terms you can get.Lastly, you can find a JV partner (joint venture), one with the cash but less time, partner with him or her and split profits.
John Vietmeyer
New Lifeproof Flooring
20 March 2019 | 15 replies
It is 6.3 mm thick, waterproof core and under layment, and locking joints.
Christopher Munoz
Fix & Flip during Recession
29 August 2022 | 20 replies
Different because these "pasty" dishes they serve are basically like fancy hot pockets)-Craft 64 (Small neighborhood pizza joint.
Sean Gover
Please advise me on this financing company.
7 July 2016 | 1 reply
I understand that I will be held responsible both personally and jointly with the business for any lines I choose to utilize or authorize any other person to utilize.
Taylor Uhls
How to get a loan with good credit and no down payment
24 July 2016 | 12 replies
@Taylor Uhls,The lender on the larger loan would want the down payment to be your money, not borrowed.One way to do this is with a partner, possibly a Joint Venture.
Karen Y.
Keep or sell Bay Area rental? Converted from primary 2 yrs ago
20 October 2016 | 18 replies
Hi Karen, You can sell within the next year and take advantage of both tax breaks: the 250k (500k if you're married filing joint) gain exclusion along with the tax deferral provisions of 1031.