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Below is a scenario I've been playing around with in my head:A silent equity partner and I purchase a strip mall for $5,000,000. We own the mall though an LLC which we both have 50% ownership stake in. A commercial ...
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Structure:50/50 Ownership of new rental propertyPartner A: Qualifies for financing and puts down the 20% required down payment. Gets 10% return on his 20% down-payment year after year..Partner B: Finds deal and does a...
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TL;DR Matt Motil is a fraud. Do not invest with him.
Warning, this is a long post. My purpose here is to save some of you from the experience I now find myself in after providing a short-term loan to Matt Motil of C...
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I'm listening to a webinar from Phil Grove with a houston meetup that I couldn't attend tonight. Has anyone heard of him and what do you think? I am thinking he is a GURU.
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Hi Everyone, I wanted to see if anyone has used WealthAbility by Tom Wheelwright. The amount they charge to analyze your information and give you a plan is pretty steep, so I wanted to see if anyone has used them an...
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A funnel is a system of how your search starts with many potentials and funnels down to a few actuals. This concept has been used in regard to finding deals a lot on BP. I'm wondering if and how any of you use a fun...
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A friend of mine owns a property 50/50 with another couple. The property is worth $1M. Property has 3 units with $4k+ rent potential The couple wants to sell to move out of state. My friend wants to stay on the proper...
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Hello,My dad has about 50k saved up and wants to invest somewhere but is nervous about the stock market. He said he may be interested I’m becoming a silent RE partner/investor. What would be the best way for him to le...
If I am funding 100% purchase of a flip that needs no rehab should my partner get the same profit 50% as when rehab is needed?
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I have a meeting on Sunday with a potential silent partner who may be interested in investing in real estate with me. Im looking to use the BRRRR strategy. What can or should I offer him so that its fair for both of...