Ryan Kirk
JV agreement management fees
Is it common to have management fees as an EXPENSE in a joint venture, or is it common for one partner to put up the money, and the other to oversee the management 'for free'? I'm working on JVs that require a big re...
Jarrett Mel Williams
Book Keeping and Taxes
Gathering and educating myself for getting into real estate. I’m 24 years old and located in San Diego. I’m looking at out of state due to lowe cost of homes and lack of ability to find deals in my approved range loc...
Stuart Cairns
Mortgage Interest Rate and Points
Scores above 780, 25% downpayment. 2 investors. What is today's interest rate for an investment triplex and would points be expected to be paid.
Shawn French
Using the 2% Rule in Omaha, Nebraska
We hear a lot about “The 2% Rule” (or, as The Book on Rental Property Investing calls it, “The 2% Test”). For our benefit, I would like to create a local forum discussion (THIS forum discussion) that documents our in...
Chris V.
Seller Insists on Using Quit Claim Deed?!
OK - short and sweet, we made a $25K offer on a home listed for $40K. Needs $20K rehab. ARV should be $75K - $80K.Seller insists that I pay all expenses PERIOD.Seller requires 10% earnest money.Seller continues to ask...
Snehann Kapnadak
Structuring Acquisition Fees
Hi All,How do you present a deal to an investor with the goal of being compensated for it when it closes via an Acquisition Fee? If I find a deal, but don't have capital to bring in and instead work on underwriting, d...
Gaylene Rogers lonergan
Only in Texas: Homestead Protections
If you reside in Texas, homestead protection is built into the Texas Constitution. It allows you to maintain your home free from the possibility of seizure by certain creditors. This protects Texas citizens from havin...
Keith Johnson
Property manager duties
Besides collecting rents what are the main duties of property managers and what is included into there monthly fees and is there any extra fees that is not covered in the monthly fees
Emily Burnett
Exploring the Real Estate Frontier As A Newbie: Chosen Medium Investing in Tiny Homes
Over the recent years, the real estate market has witnessed a remarkable shift in preferences and trends like everything else, with a growing fascination for minimalist living and sustainable housing solutions, especi...
Batool Hussain
DSCR loans vs Conventional
I am closing on my first property using FHA, interested in buying a 2nd property.What other financing options can I use?DSCR? What are the pros and cons ?Any other financing options ?