Samantha Klein
Water heater situation
I am closing tomorrow on a property with a fuel oil fired water heater from 1988. The heater is rusted at the bottom and is "on borrowed time" so I am looking to replace it with a natural gas heater. The heater is in ...
Brad Gates
Spliting a lot with a mortgage
I live in Boise Id and have a property that has a house next door with a large lot. I would like to buy the back half and access it from side. The city is ok with it, my surveyor sees no issues. The owner has a mortg...
Patrick Ryan
Broker Commissions for Property Managers
Good Morning All,I'm finishing up courses to become a real estate agent with ambitions to begin a property management company in the Buffalo, NY area. Looking for feedback from other investors as far as what I should...
Randi Plevy
Partnering with a Contractor
A contractor is offering to JV with me wherein he would rehab at cost and I would come up with the money, splitting the profits. My question for those who have done this is: What tools did you use to confirm that the...
Brent O.
What is an equitable structure for REI partners?
My business partner and I began REI about 6 months ago. The way the partnership works is he supplies the investment capital, money, and I do all of the acquisition and property management. Our strategy is simply buy...
Christopher Waddington
First Flip: Should I buy and flip the house I grew up in?
Hey guys, Real Estate newbie here. I have been educating myself on real estate for the past couple months and am excited to get into the game. So here is the current situation. I currently live with my father in the h...
Rhonnie Smith
Former Realtor looking to only purchase personal investments
I often hear other agents brag that their broker doesn't require them to join the Realtor association. Can anyone share some advice on how I can transition into a company solely for personal investing? That means I ca...
William Romero
Few questions regarding CA market
How's it going guys, I have a few questions regarding flipping homes in CA, Los Angeles area to be exact. This is my first post and I am looking to learn a lot before I get started on my 1st flip. I do have some real ...
Tommy Pace
How to divide profits/equity with different types of partnerships
Hello all,
I'd like to get the opinions of our investors on how you typically divide ownership/profits/etc. and the accompanying responsibilities each partner is responsible for. Here is an example:
50% - 50% split ...
Osama Mayassi
Using partners on deals
When investing in a property using a partner, how do you split the ownership/equity in the property if the other partner provides all the cash while the other partner provides all the knowledge and hustle?Please give ...