Bill C.
Joint Venture
Hi Everyone, just wanted to see what people think of the terms of this deal I am working on. If you think there is a better way to structure it, please suggest. I am partnering with a broker, who will also manage th...
Michael Glorioso
My first cash buyer.
I am a new whole seller and I met with my first cash buyer today. When I asked him what he wants his percentage profit to be, on average, he said he would like to see 20% of the ARV. Is this a reasonable amount and wi...
Dave Godfrey
How are you handling JV splits in your business?
Hi BP-land!Just looking for thoughts on how you might handle this scenario.We are about to do a joint venture (JV) project with a contractor. It's a cash only property from the MLS. He can't put up the purchase pri...
Andrew P.
How can I make sure my offer is attractive?
I am putting in my first offer on a house rehab. The asking price is $250k and the ARV is $520k. Total repairs of around $150k. Holding costs at $20k. There is a lot of competition on this house. I am sure someon...
David Arney
A different kind of RE: Sport Events
Has anybody ever thought about investing in permanent seat licenses to sport teams? I just purchased 2 PSL's for the Chicago Bears, I am expecting 20% return on my investment (based on previous sales in mine and other...
Louis Siano
Fix and flip cost-profit question
I am a wholesaler In the springfield MA area trying to figure out if a deal is worth it/ if anyone is going to buy the contract due to a lot of work on the property to get to ARV. It’s buy for 60k, 40k rehab costs, an...
Lemuel A.
What are flags to look for when looking at fixer uppers?
Hi,
. I'm planning on purchasing my 1st property. I plan on purchasing ong that is a fixer upper. With that, what are the main things to notice when initially analyzing a fixer upper?
Leah Bonner
Raising private money for apartments
I'm really interested in understanding the power of "Other peoples money" I've been seeing and reading that there is NO shortage of money you just have to find it.When pitching to private lenders is it a smart path to...
Nathan Faselt
Can fee MGMT make a margin on outsourcing work on top of fee?
I am looking for some feedbackIf you have a management company working for you and they bill you $500 a month to mow your property. But then they turn around and get a landscaping company to do it for $350 pocketin...
Kristin A.
Starting out in Virginia
Hi BP, I wanted to introduce myself. I'm 28 and have decided to give real estate investing another serious commitment. I wanted to start investing a few years ago and had bought Short Sale Weath by Shaun McCloskey, ...