I am purchasing a house for $200k and I need to bring in a financial partner to pay about $25k in rehab costs. I expect to generate a profit of about $40k. What percent of the profits should I share with my investme...
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
My family and I purchased a house in 2010 in Arkansas and put the original mortgage and title in my name solely. We decided to start renting it out, and all agreed to transfer the title to an LLC. The LLC was supposed...
Hey BP!I am a Nashville native currently involved in a number of development projects locally. I am trying to be more active on the forums, so I’m going to document a development project from start to finish. I plan o...
I got a potential subject to deal but when I talk to title companies, most of them won't do it because of the "due on sale" clause on the exiting loan. Only one title company I talked with said they can do it but won'...
Has anyone ever looked at self-insuring wholly owned rental properties rather than paying an insurance company?
I've been toying with this idea for a while. Obviously it only makes sense after reaching enough...
My father died 2 years ago and left everything to my wonderful step mother. My step mother has made it very clear that the balance of her estate is to be divided 3 ways between my sister, my sisters daughter/my niece,...