Hi, I was curious about how to structure a deal with an absent partner who could provide funding. Assume the partner supplies the cash and would like equity in the property. If i go through the work of securing a de...
I own a condo in Tallahassee and the property management company (PM1) for the building, had an ownership split. The other owner created another company, which I will call PM2. The split happen in August 2014, so all ...
I met a contractor who did some work on my personal house, and when found out he does a flip from time to time, we agreed to work together. The roles would be:I would put in some cash and do all the work aside from th...
Is there a rule of thumb on profit splitting for a flip? We have one person providing the capital, one construction expert to oversee contractors, and someone to analyze and acquire the deal (this may typically merit ...
I have never done a flip with a private loan before, but a good opportunity has presented itself and I know someone who is interested in partnering with me. The way it would work is he would fund the purchase and reh...
Apartment complex down the road offers a discount for 15 month leases vs 12 months leases of about $10 per month savings. Is forcing people to stay an extra 3 months a good indicator they will likely live there longer...
Hello all.
I have lived in my NYC neighborhood for more than 20 years, so I know this area very well. There is a SS around the corner (literally) from me that is selling for about half its rehabbed value. I ...
I'm new here and curious to know how one might go about finding good deals for rural farm type land. I recently happened upon a good deal and managed a decent profit so I'm excited to try it again. Please advise.
Hello everyone,My business partner and I have successfully leased our inaugural rental property in Detroit, specifically in Warren. The property is generating a promising cash flow, and we are eager to acquire our sec...
I have a four unit in Chicago, the tenants are fairly careless about keeping all the garbage in the cans. It's not typically that bad, box gets left on top etc, but recently got four violations totally $2,000 for four...