What would be a fair split or structure for the following situation?I have two friends with solid capital who are looking to start investing with me. I would be doing all the work - finding properties, renovating, ren...
Hello All,I am house hacking my first deal and am in the process of determining what I would like on the lease. I would like to hear what things that might not be common that you guys add on your leases to help protec...
I had an interesting conversation with a police officer the other day. We discovered a bum sleeping in a dumpster bin enclosure. We keep running him off however at night he returns. The cop said the best way to rid...
As part of a 1031 exchange, I am buying a property in Florida. The seller is offering owner financing (a wrap loan subject to their existing conventional loan). Their loan has impounds for insurance and property taxes...
My tenants are a couple - she calls me “hon”, He calls me “babe.”. Every time they do that , I mention my name is marci . I like to maintain a professional profile which is why I correct them . not a big deal. Just cu...
Hi all,Had my first conversation with a portfolio lender, and thought I'd share how the conversation went and what their products look like. I'll hit the high notes of the conversation, then afterward I have a few que...
I know many people believe it is very important to have a mentor when you start the business. My question is, is it smart to pay for one? I have seen a few people who believe each way but I thought it would be best to...
I have been struggling to find someone to refinance a fully tented industrial building of mine. I was originally looking for a 75% loan to value. For a reasonable interest rate, knowing today’s markets. I’ve been told...
I am an aspiring investor and have spent the past year listening to the podcasts (currently on episode 216!), reading books, analyzing deals, reading through the forums, driving neighborhoods and so on. I have been c...
Hello! My 1st Airbnb is a log cabin my dad built back in the early 70's outside of Cadillac, MI, on the land his parents settled 50 years prior. It has done better than anyone in my family expected, and I've realized ...