Adam Anderson
New Partnership Structure Advice
I have been investing in real estate on an off for more than 12 years and become much more active in the last year. A former co-worker as well as an acquaintance recently approached me about partnering up on some dea...
Shawn Z Stewart
Unwanted Land in the Wichita Kansas Area
Hi,
Last year was my first acution and i made a foolish mistake of purchasing two parcels of worthless land. I've tried the city, charity, giving away, any ideas? One is an acrea and a half in a nice subdivision, ...
Jehan Jaleel
Should a new tenant do property improvement and deduct from rent?
I have a tenant prospect that seems very promising but the guy is a contractor. He noticed some improvement that can be made on my property such as new paint, carpeting and fixing some broken closet doors. He offered ...
Mike Montanye
Here’s another rookie question…the 1% rule…
Does the 1% rule get calculated from a home’s pre-rehab price or should it be 1% of the total (purchase price + rehab costs)?Ex. 1. I buy a house for $60k. Rent would be $800. That works.Ex. 2. I buy a house for $75k ...
Stuart Edwards
Abandoned Property Owner is in jail
I found an abandoned property but the own is in jail and I don't know which jail or how to locate him. I was planning on going to sheriff's office to see they seized it and buy it from them. It also has a large amount...
Michael Baum
Mike's Deal of the Day - April 7th
Hey everyone. For those looking to add a small amenity to their STR, here is this!https://www.walmart.com/ip/Bodum-Outdoor-French-Press-Gift-S...It is a Bodum Outdoor French Press kit. It comes with beans (I would jus...
Account Closed
Self directed IRA using an LLC with check writing capability
I'm looking for a tax attorney, CPA and anyone who are qualified or experienced with a self directed IRA which lends to an LLC owned by the IRA to allow checkbook control of the funds to then purchase investments?! I ...
Justin Cooke
Joint Venture Split
I am new joint ventures and trying to get an idea of a fair split for a large apartment complex development deal that we are looking at. Basically, there are two parties: the local partners, and the out of area partne...
John Hodges
Commercial Portfolio Refi?
I am new to commercial real estate. If one were to buy 5 commercial properties in cash for $5m per property, how would one refinance and tap into the aggregate $25m in equity? Would you need to refinance each property...
Jorge Abreu
Building Investor Trust through a Robust Brand
Investors want to work with someone they can trust, someone who exudes reliability. That's why you need to build a brand that screams, "Hey, I'm the real deal!"
I've been there, done that, and let me tell you, a stro...