Over the last month or so, I took the required 90-hour broker pre-licensing course online, passing the course and also the Indiana state exam just last week.My plan is to never quit my W2 job, as I have a good, steady...
Hi all - 3 of us are in a deal and are figuring out the best way to split CapEx in a deal:- Investors A and B own 25% each- Investor C owns 50%Let's say a $1000 CapEx comes in: 1. Would we split this based on the same...
Had an appraisal done last week and just had time to sit down and review. It came in low which cost me to bring another 12K to closing to close on funds to build. However I believe he made a huge mistake, but wanted t...
Do investors accept a, say, 3-5 year investment term, which ends in a refinance, where all their capital, preferred return, and appreciation split are paid back and the investor-sponsor partnership is terminated? If ...
Hey everyone!
I am a new RE investor in Oregon. I am looking to purchase and rehab my first deal for about $100k. I only have $20k cash and $20k credit to Home Depot. I do no not have a private lender. I cons...
I’ve heard very different ways of compensating to Asset Manager in multifamily syndications(assuming you’re bringing someone on to your team). Some give up 25-35% of the GP, some give a on-going % of revenue such as 2...
I am joining forces with several investors for the purchase of an apartment building. What is the typical arrangement for distribution of cash flow, profit sharing, and sales proceeds? My template is: 8% quarterly...
Hello BP group,
Any investors in Philadelphia mind breaking down the closing costs both when purchasing a property as well as when selling it after the fix. Looking to organize and make sure I am running solid number...
I am in the process of forming a LLC with a minority partner. we would like increase his percentage over time, based on a current valuation. my question/problem is that I would rather increase the capitalization of th...
It seems to be an interesting proposition as you can leverage your net worth to gain equity into a deal, but of course there is downside risk if the deal goes belly up, requires additional capital, or if the loan turn...