Anders Jax
Is this waterfall structure a non-starter for an LP?
LP gets first 7% of returns as pref-From 7-12% split is 50/50 LP/GP-From 12-17% split is 25/75 in GP favor-From 17%+ split is 10/90 in GP favorThat means that if the investment did 30% irr pre-distribution that the LP...
Jay V.
Why am I not getting applications back!
I bought my second and third rental property back to back and, after a little rehab, I am trying to rent them out. The tenant for my first property came super easy but I am having no luck getting applications back for...
Mike Adams
Verification of income from employer on restaurant workers
What's the best way you guys have utilized income from tenants who are applying for one of your apartments where the couple are both restaurant workers as well as work at the same place? I called today and someone sa...
Jordan Marshall
potential tenant
I have a rental property that I have been working on. I had a contractor give a lady that was interested in the house my cell number and she has been calling me non stop ever since. The house is not quite ready , and ...
Aaron Kuehmichel
Who pays when Tenant requests 220 volt electric dryer hookup; 110 and gas provided?
Tenant requests 220 volt electric dryer hookup after buying new dryer 2 months into lease. I already provide 110 electric and gas for a gas appliance. How should this be handled: tenant pays, landlord pays or split ...
Ben Bakhshi
What's going on in Ohio? Low prices, but are there jobs?
I've been seeing a big inflow of properties in the marketplace and looking at the price history, it looks like most of the state has had a steady decline since 2006.
Are there cities in Ohio, like Toledo, wh...
Manmath D.
SFR sale fell through. Any suggestion ?
I have a SFR listed for sale and was under contract. Just got a call from my realtor saying that buyer was not able to get a mortgage. Property is located in Beckley, WV. There are 2 options that I can think of. Optio...
Rick Baggenstoss
san jose roofing question
My brother-in-law is buying a house in San Jose, his first, and it needs a new roof. He was getting outrageous guesstimates from his agent. 15k for about 18 squares (1200 sf house). In Atlanta, this would be abou...
Ows News
Weird Situation
I have an unusual situation that relates to tax.
I bought a house in California a couple of years back. I bought the house in anticipation of moving to California. However, for personal reasons, I decided to stay in ...
Victor Aponte
Private Lenders
Hello Forum,I am getting involved in real estate rehab/flipping houses business. I own a residential contracting company but I am ready to go to next level. I have contacted some private lenders in order to get some f...