Matt Jankowski
Money/Managing Partner Split
I'm trying to figure out what a "fair" or at least typical split would be for the following deal:
Money partner brings money and guarantees the loan.
Managing partner does 100% of everything else. Creat...
Alexandria Harden
Interest calculations on hard money ?
I am looking into getting a hard money loan for the first time and was wondering how to calculate the interest to make sure the deal is still a good deal after there interest. Rough numbers are it’s a 2 building 10 un...
Zack Rosenbaum
Old wood Soffit and Fascia
I purchased a 4 unit with neglected wood Soffit & Fascia (starting to rot in some areas). Does anyone have suggestions for repairing/replacing this with Vinyl or composite material? I’m looking for something reaso...
Chris Mooney
Estimating Renovation Costs During Deal Analysis
Hi all,
I've been spending a lot of time analyzing deals in Excel, just pulling random listings off of Zillow or Realtor.com. The trickiest thing for me is to estimate renovation costs going into a property. I have...
Emmanuel Brooks
Trade School or Not??????
A friend suggested i go to a trade school since i just graduated high school and decided not to go to college. the reason he suggested this was because i wanna get into real estate in a little while and, he believes i...
Vee Vu
How should I structure a joint venture with GC?
Hi everyone, I'm planning on doing my first flip, and I don't know much about renovation. I found a good GC with great references. He agreed to help me out if we split the profit (70% to me, 30% to him). I will put my...
Jennifer Rysdam
Security deposit return letter with fees deducted
I've looked on the forms here and online but can't find one I like. Does anyone have a good sample letter that lists the deposit, the fees deducted, etc. that I can download?Thanks!
Andrea Cole
Refinished floors worth the investment?
My husband and I are 85% done on rehabbing our first investment property. It's a 1942 duplex in High Point, NC that we plan to AirBnB. When I originally did my budget, I didn't include refinishing the floors but after...
Adam Craig
Handyman/Contractor advice
The house I am buying does not need any major rehab. Just things like paint/gutters rehung/ pluming leaks/handyman work.
I had a guy do some work on my house last year because he outbid 4 other guys. He did good work...
Kyle D.
Developing a car wash
Hi everyone i want to develop a car wash along a busy 6 lane state highway that is used by commuters to get to work daily. It would be a full service tunnel wash with vacume stations, vending, etc. We could get the la...