How do you folks structure everything when you have a passive investor invest money to get into a deal? I've read about this, and had relatives with money come up to me, and basically ask me to be their work horse t...
Hi all, just wanted to share some of my issues and mistakes with renting my first (and only) investment property in order to help others. I know most if not all of what I'm going through could have been avoided by bei...
Hello Everyone,I would like to know your opinions on what the profit sharing breakdown should be in the following situation:I'm based overseas and I have someone on the ground in the U.S. that will be bidding on my be...
Hello BP,
I am looking to start my own PM firm here in Maine. I have secured a handyman that has expressed interest. He's capable, trustworthy, on time, and presents himself quite well. I have had a hard time fi...
NMHC is the biggest and arguably the most important meeting and conference for the US multifamily industry. Hosted annually by the National Multifamily Housing Council, the largest apartments owners, brokers, lenders,...
Hey BP, I listened to podcast 327 a few times and trying to figure out what David Greene was talking about when he said he got a commercial line of credit for 500k and then bought a few houses, rehabbed them until the...
hey guys..
I am new to this so pardon my naivete. But why are people so open to giving out such information. In other businesses, bussiness methods are kept secret. If everyone knew how to find deals, wont they dry up...
Hi I'm wondering if anyone is willing to share the basic facets of a mentor-mentee Joint Venture partnership, where the mentee (me), will put most of the cash down in return for the leadership of an experienced invest...
Here is my situation - please shed some light.
I have been approached to be a partner is a apt complex (24 studios). The downpayment is roughly totaling about $160K which each partner should throw in about $...
We partner with a guy who does fix and flips. He buys the house and does the rehab. We loan him the money both to buy the house and do the rehab and we share in the profits when it sells. We don't charge interest p...