Each passive investor invests a minimum of $50,000 until they have enough to cover the down payment, as well as the cost of the renovations.Once the deal closes, Jane works closely with the property management team to improve the property and get the renovations done on budget and on schedule.During this time, Jane and John send out monthly updates, as well as monthly cash flow distribution checks, to their passive investors.When the renovations are complete, Jane and John determine that it’s a good time to sell and the property goes for $15 million after just 3 years.

For example: Paying off $20k of remaining debt at 0% interest to eliminate $500/month payments would yield a 30% cash on cash improvement to your cash flow.

Rental Income brings in $1195/month, and whenever we decide to move out, we will Cashflow about $1150/month, without any improvements to the property.How did you find this deal and how did you negotiate it?

A good rehabber will know what to do and not do for improving the property, will be able to do it more efficiently and save time and holding costs, and probably will save you money on the remodel itself.

This most recent time she said she’d pay me by 09/28 (idk why that late she never provides good info or updates) regardless as of September 10th she will be in default I have a second lien, promissory note and joint venture agreement.

Contract Price: $200,000Property Cost: $(130,000)Improvement expense: $(35,000)Zoning Attorney: $(10,000)This nets me a $25,000 in gross profit RE Agent Commission $(12,000)Capital Loss YTD from other investments: $(7,500)Net Taxable Profit is $5,500First time i am doing this so wondering what the cost of filing a 1031 exchange and hiring an intermediate for escrowing typically cost?

Since I don't have any experience to offer since I'm just starting out,  I do have time, energy, and I'm more than willing to help solve problems and add value for other businesses (by either improving one's social media and marketing presence to networking at other REIA's on their behalf) Would love the opportunity to connect, learn, humble myself, and get started.

The improvements needed are simple cosmetic, sand floor, some new vinyl flooring here and there, paint, kitchen and bathroom upgrades, and new appliances. 

I suspect repairs will take 12 months and I will need 2 years to get the tenants to leave. not sure if the juice is worth the squeeze but the ability to project year over year costs, improvement work and the final refi must be out there in someone's excel folder. or am I over complicating things? 

I said, "doesn't sound like an emergency, I'll get you guys a screwdriver set, but there's different screw heads that I'll have to show you if you never done it before".On the other extreme, I got a middle age tenant who used to be a home improvement contractor, belonged to the sheet metal workers union working for a municipality, was furloughed at one point.