Hi all,Been looking at typical syndication structures and have seen a common one is to offer an 8% preferred return and then 70/30 the cash flow above that between GP/LP's.My question is, what is the 8% preferred retu...
Hi guys, I'm under contract for a 3/2 + 3/2 duplex in a C class area. Purchase price is $130,000. I'm doing 20 percent down so financing about $104000. Botha sides are rented and it collects $1950 total a month.
I r...
Bear With Me...And Please Forgive My Tax Maze Ignorance
My understanding is that the basis of investments is stepped up at the death of individuals who execute transactions in a tax-efficient manner. For instance, t...
I bid on what turned out to be a a 2nd mortgage in Ohio. The house is worth around $300k. I paid 258K at auction. Looking through the court records I can see that the 2nd mortgage was awarded ~100k. There are around ~...
Yep, that's my question. Criteria for my Criteria? Like many things and perhaps like many people, I tend to make things more complicated than they really are...and this may be just one of those cases. But seriously.Ho...
Hey everyone, I am having a hard time figuring out how house the BP calculators to account for the intricacies of har money loans. I want to be able to account for the cost of financing in the total deal to make sure ...
I have a 32 unit under contract and am aiming to JV it. We already have the investors lined up, however our investors amount to about 8 or 9. We did give them an advisory type role in the project so they will be activ...
Hello,I have a friend who bought his house earlier this year. Over the course the of this year, he had plumbing issues that flooded the kitchen, garage foundation issues with cracked walls, and recently a furnace uni...
My partners and I are looking to purchase a large multifamily property in Florida. I'm looking for assistance on how property taxes are assessed and calculated. I reached out to some county tax assessors and didn't ge...
I incurred about $1200 in expenses in trying to buy an investment property. After many inspections, professional opinions, and negotiations, I backed out because the price was too high vs. estimated renovation costs....