Jay M.
Landowner / financer partner with builder
Hello All, I searched the forum and didn't see anything that exactly matches my question.I am an architectural designer and before that I was construction super. I recently built a spec home (design / build) and it ...
Anthony Jasmine
Have you had your morals tested in this business?
Have you ever been in a position of coming in conflict between your business and morals? Maybe you had to evict a tenant down on his luck. Maybe you had to stop being Mr. Nice Guy to yield more profits. Maybe it's som...
Jesse Burns
Division of Assets During a Divorce
Hello, I have 6 rental properties under an LLC that is equally owned by me and my soon to be ex wife. We are going through a contentious divorce and I would like to buy her out, but apparently thats not very easy.If w...
Jorge Esteban Vargas
Everything Has Gone Wrong - Should we cut losses?
Hey everyone here's my story which almost sounds like it comes from a movie: we bought a house close to Atlanta airport through a wholesale company for $139,250 in August 2023 and we used a fix & flip loan to fix ...
Debbie Zimmer
Tile Layers - How They Charge
Hi Everyone,
I'm struggling here and need educated (I guess). When it comes to getting tile work done, why isn't the labor for that just calculated by an hourly rate like everything else? Why isn't it as easy to pa...
Jack B.
Sell and reinvest before major CapEx? What about transaction fees
Is it best to sell some of my houses next year and reinvest via 1031 exchange into a more expensive property in an effort to avoid capex and as a side benefit, increase appreciation potential? Or perhaps reinvest in ...
Ron King
65-70% of ARV
Hello, Why 65% or 70% of ARV? What is factored in that %, because repairs are factored in after you take 70% from the ARV?So if i offer a seller 70% of ARV and they ask why 70% what do I tell them? "Because its rule o...
Jesse Stephenson
How much do I pay my first employee of Property Mangement Co.
I have a small but growing Property Management Company. We (my wife and I) currently manage 50 homes but want to grow to a couple hundred. I am thinking about hiring an employee (and family member) to help grow the...
Derek Farrel
help with tax sale, creative financing ideas
short back story, I'm a salseman for a fairly large roofing company in Kalamazoo MI. I'm 36 years old and have been remodeling houses for myself or working under someone else since I was 15 (summers and evenings)
I've...
Jay H.
Industrial Revenue Bond Question??
So, I spent the morning with a genius, Investor/Hotelier. During this meeting discussed the use of Industrial Revenue Bonds.
I have placed Industrial Revenue Bonds for local Industrial clients, but never
he...