Christina Thompson
Profit split with partner
I bought a house for $30,000. A friend is investing $15,000 cash in renovations and doing $15,000 worth of labor to update the home. Lets say the house is complete after this. We agreed on a 50/50 split. 25% of his...
Libby Tucker
How do I structure this deal - 2 scenarios
Hi everyone, I'm new to this site, and I consider myself a new investor. I have 2 properties in Seattle. One I split into 2 separate 2 bedroom units, the other is a houseboat and I negotiated seller financing. I've...
Kim Hopkins
Battle of the Inflation VS Return Math
I recently listened to a podcast interview with a very accomplished and intelligent syndicator. He said that the annual return you anticipate for your investors needs to be at least equal to the rate of inflation in o...
Janet Beaver
Deal structure between GC & 100% cash Passive Investor
Hi, guys I'm new to biggerpockets and I need help structuring a dealMy husband and I own a GC/CM company . We have a Passive Investor who is interested in loaning us 100% cash for some of our deals. He is not interes...
Cyrus Sidhwa
Purchase Price for Flips
The standard formula for max purchase price is 70% of ARV minus Repairs. However, this doesn't seem to account for closing costs or holding costs which can easily reach tens of thousands of dollars when using a HM...
Timothy W.
An investor just blew $45,000. Want to know why?
An investor who had a fire at their property had full insurance coverage on the loss, the policy was in force, had about $90,000.00 in damage, had a limit of insurance of 1.5 million dollars, and was a clear cut case ...
Frank Celio
understanding terms and conditions of private money lender
I am new in Real Estate and was approached by a money lender in a FB group page. He told me he could finance my first real estate deal at 4% on the loan. I liked the interest rate but I asked him what were his terms a...
Henry T.
What fees do your guests get hit with? Seattle 30 percent!!!
I'm quite shocked (and stunned) when I see how much is taxed on to my guest. Airbnb, for their fee, seems to tack on about 14%, then City of Seattle(lodging tax) tacks on 16%, plus another $4 per night. Then Airbnb s...
Michael Boyle
Seller credit for roof?
Hello.I'm in the process of purchasing an older 3 unit building in South Chicago and the inspector said the roof is at the end of it's life and it could cost about $20K to replace it. Should I be asking the seller for...
Andrew D.
LLC partnership advice
Hi BP folks,
I just got an accepted offer last week on a several hundred acre recreational property in NY (raw, vacant, riverfront/forest land), and we're should have a signed contract this week (with a 60 da...