Tony Nguyen
Rehabbers - whats on your Daily To Do List?
22 June 2011 | 19 replies
We also use it for potential joint venture partners to see what we have done and what we are doing.
Account Closed
What costs more, a money partner or hard money lender?
27 August 2011 | 6 replies
We have two choices, borrow the money from an HML or partner up using a joint venture agreement.HML terms:10% down @ 12% I/O with a 12 month Stop and a 2% origination fee due at closing.Total cash out of pocket for the hard money loan:$9K downpayment$2K Closing costs$1.6K Origination$25K for the renovations$.4K for utilities$1K for insurance and Property Taxes$5K for 6 months of debt service= $44K out of pocketNote: That we now only have $16K remaining of our original $60K.
Mike Nelson
Wholesale deal with a twist!! Please help
15 September 2011 | 16 replies
He will pretty much give it to me but he also said that I would have to talk to his brother because they have joint POA.
Mike Hummer
renters have moved friend in
10 December 2008 | 10 replies
It will hold all four "joint and severaly (spelling?)"
Audrey Ezeh
Help with Joint Venture Structure
24 April 2017 | 0 replies
Hello everyone,I came across a piece of property that has been flagged as a nuisance by my city. It is a boarded up 3b/2ba but this thing is sitting on 2.2 acres of prime real estate. I have been exploring new home bu...
Tom R.
Is a bad attitude enough to decline an application?
27 April 2018 | 27 replies
If you do add him to the lease, you should insert a clause that both tenants are jointly and severably liable for 100% of the rent, so if he doesn't pay, she's responsible for the whole amount and vice versa.
Virginia Jones
Roth vs. traditional - Need help on which strategy is best
25 May 2018 | 9 replies
It would probably serve the OP best to put whatever extra income she can into the traditional 401k's and IRA's to at least get taxable income down to the 12% bracket--- $77,400 if her and her husband file jointly.
Kyle Eckert
How do you determine quality of a rental?
14 February 2018 | 14 replies
Your partner who is using silicone on a drywall joint, not staggering flooring and painting door knobs is actually not saving any time by cutting corners.
Michael Shadow
how to remove cast iron waste pipe?
28 August 2007 | 4 replies
I discovered that the cast pipes used to be put together by pouring molten lead over twisted hemp which was jammed into the joints.
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Real Estate Development in the Philippines
5 October 2006 | 0 replies
i have several projects here in the Philippines with BUSINESS PLAN2 of them are priority.SMALL PROJECT : 70 acres ideal for Low-Cost Housing (cheap Houses ready to accupy) - initial invest $ 5M with 200 units availableTURNOVER is 52 M USDBIG PROJECT : 800 ACRES - ideal for Class A Residential CommunityThis is so big thats why the Capital investment $ 20 M is only for property,I have contacted a big-developer for a joint Venture .