Hey All, I’m big on goals and I always find it helpful to talk through my goals with others and learn what other people’s goals are. Please share your 2024 goals or DM me and I’d love to talk through your goals and se...
Greetings to all.
I'd like to partner up with a GC on the BRRR method of investing. I have about $200k liquid ready to invest, but can't spell hammer, let alone swing one. My GC, whom I have been friends with most o...
My friend owns 8 lots in West Texas that I can build a Barndominium, 3 Bed 2 Bath SFR with cashflow $400 to $500 on each. He has no money to contribute, only knowledge, and contacts. The land value is $3000 to $5,000...
My mom and I are buying a house to flip. She will put up the money for the house and rehab. I'll be doing all the work. We're going to split the profits 50/50. This is my only job and will likely be my only reported i...
Hello all, I am potentially partnering on a flip where the partner is also the realtor. My question is, would it be fair/reasonable to have the resale commission also be split 50/50? My thought is that when doing a ...
Anyone else have a partner on any of their properties and taken Life Insurance polices out? Looking for guidance on how to structure the buy and sell agreement and how much life insurance to purchase. This is a new pa...
One of my friend has business of flipping houses. He offered me to invest in his business on profit sharing. I will be just an investor and will get my money back with profit once he sells property after fixing it. Ho...
Hi,I was wondering if any investor or CPA can chime in on their thoughts about switching away from Quickbooks to another accounting software?I have been using Quickbooks online for years and love that it's the industr...
Planning to scale my VR biz using capital partners which means multiple partnerships and more complexity going forward: ie, multiple properties with dedicated bank accounts for each partnership. Need to choose a RE di...
Hi. I have been flipping 4-8 properties per year. Some with partners and some on my own. In addition, I have a bunch of rentals with a partner. I am looking at other partnerships. I would like to structure a more...