Question: If I asked a family member for a $25K down payment on a $100k purchase and offered a 15% on his investment, but were to hold the property for 3-5 years. Would you compound the 15% yoy? I think obviously the...
My question is: What are reasonable terms for an LP in a commercial / multifamily investment that I can draft up and have my CPA and lawyer review? I don't want to come to the table empty handed. In order to fund both...
Lets assume the following:50k to buy20% down on conventional loan15k to fixARV 80kWould rent after reno for $850-----Would you sell and 1031ex, or would you cash out refi/hold the property, and WHY?I am personally lea...
Is it because probates are hurtful? Foreclosures are embarrassing. There’s a forum for that. There’s a forum for taxes. I’m guessing that hurt crosses the line.
Is it because it sucks? There’s a stigma and it’s not...
Hi BP,I am considering investing in my first syndication, and was hoping to get a sanity check on the numbers from those with experience. Here are the highlights: 100+ unit multi-family in Kansas CityTotal acquisitio...
I am wondering, do they make special bold permanent markers that can write on dark colored plastics that can survive the hot and humid weather in South Florida?Specifically, something like a Sharpie like pen, with a t...
I have old house rented out (built in 193) in the Seattle area. It had multiple layers of wallpaper in the first floor. Those are probably from 1970s. Very recently I put new wallpaper since the old wallpaper keep get...
Okay so here's my elevator talk 😅Inspired from the recent "How would you start investing in RE with $500" post, that's basically what I've got right now 😂... I want to hear if you guys think this would be interesting/...
Hello everyone! My name is Gage Halverson and I'm currently finishing up my first semester of college in Montana and I'm starting to think about summer plans. I know I will be doing some handy man jobs over summer. I ...
The 1 habit that has changed my life is reading.
Everything changed for me when I picked up my first book.
One of the most powerful lessons I’ve learned is the value of compound effort.
Just like compound i...