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I will hopefully be doing my first multifamily deal soon and am going to partner with someone I trust. He has the cash and I am bringing the deal. When we talked about potential profit splits, he said he could 1099 me...
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It is my understanding from several conversations with Pinnacle
that some of the accounts have already closed. Namely, there are
investors who have completed the last cycle and received their
checks including their fu...
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Hello, I’m a residential real estate broker in NC,. I’ve been in the business for about 8 years now and have become a top producer in my market over the last couple years and own my own brokerage along with my busines...
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I'd love for someone to go through some math here. Everything I read talks about the pref and splits and percentages, but I don't know percentages of WHAT? Of the NOI, of the cash the LPs invested? Both? Here is what ...
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I realized that my property management contract states that I'm paid 20% of gross revenue, but in fact, I pay the cleaners their fee first (I mark it up a little on my OTA to factor for platform fees) and then I take ...
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Anyone have a good spreadsheet/program to account for investor contributions, real estate acquisition costs, net income of property, and investor payouts?
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Hello new to posting in general but was seeing if anyone could help me understand the "Host Payout" receipt that I was forwarded from my property manager. I have a Villa in Tulum, Mexico and am having a hard time unde...
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I have a SFR deal where the seller wants $25k net after closing.I see my two options as:1. Get a loan & purchase price that nets the seller $25k. 2. Assume the loan & pay her $25k out of pocket.I like option 2...
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How does everybody feel about owner financing? If I put no money down to obtain a property at 5.5-6.5% on a 20-30 year does anybody worry about how much they are actually paying that person if they are cash flowing? S...