I am in the process of purchasing my first deal. We were supposed to close yesterday, Thursday, at 12:30PM but something came up with my credit last Friday that took until this Tuesday to clear up. We are now schedu...
As a rookie investor I'm a little nervous about getting taken to the cleaners by a contractor that is dishonest. Any tips y'all have learned to avoid paying up front to a contractor?
Hi guys,I want to offer my land plot to a developer. The deal is as follows: I transfer construction rights to him in exchange for a share in the completed development. The planned residential building will have app. ...
I have a friend who is willing to be the guarantee on a HML for me so I can get better leverage/terms. His only contribution to the project will be his credit score but obviously he’ll be on the loan. I’ll be bringing...
I just moved a tenant into my first rental, and the hardwood floors started coming up, there were two bad spots where they actually buckled. I immediately contacted a floor company and had them come out and give me an...
Hi Everyone,I think I have found investors to partner with on a an apartment building deal. Was wondering if anyone has experience with this and what type of deal I can offer my investors. How much I should pay them m...
Hello all. We have had a tenant in a beachfront condo since the beginning of January 2022. The lease that was signed was a 6 month lease expiring at the beginning of July 2022. We were notified of building concrete re...
How are people usually compensated for raising funds. For example, if someone finds investors for me and raises, say, $300k for a down payment on a property that sells for $2 million (I bring $200k myself), how much w...
Hi guys,
We run a pretty decent sized Real Estate Investment company. We had two W2 employees that we setup through Paychex and now we no longer have them. The state has flagged our company saying that we need Work...
The Ohio market severely lacks good property managers which I think has a lot to do with the traditional terms of property management. 10% of an 800 rental is only 80 bucks a month. Do you guys think that's enough to ...