Will Barksdale
Ownership percentage vs. profit allocation percentage
BP,
I have an interesting question regarding ownership percentage vs. profit allocation percentage within an LLC.
I want to have an operating agreement where party A owns 60% of the LLC and party B owns 40%. Addi...
John T.
Property Buying Strategy
Hey All,I purchased my first rental this past October. It is a duplex and I am living in half. So far it has been great. I was fortunate to have great tenants already occupying the other half and all is well. Now I a...
Christine Sykes
Time to sell my Seattle rental?
My tenant has given notice to vacate my property in West Seattle, and I am wondering if I should consider selling.Some things to consider: * My house is old and needs work, and I can't afford it unless I can come up w...
Brice Hall
No more 30 year mortgages?
What is your response to the following article?
This could shock US housing market: Bove http://www.cnbc.com/id/102449798
Ricky Lopez
Possible Deal?
Hello to everyone,
I received a call from a direct mail letter recipient. The owner is looking to move from the area and selling one of his rental properties. He has advertised on a website, not a realtor,asking 55,0...
Tomaz Kresnik
The Beginning - Getting started in Europe (from there)
The goal to create a residual income (financial freedom) as soon as possible.Take into account that I am from Europe, not USA or Canada. The banks here are not so easy going as up there.Do you think that it's smart to...
Federico Gutierrez
Success Story. Double closed my first deal
This one goes out to @Brandon turner. I'm starting to coming around Cleveland OH is not so bad.I recently became a full time realtor. But I've always been a buy and hold investor as that is what my parents are, what I...
Janis A.
Second Investment Property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $228,000
Cash invested: $9,000
Duplex of 2 units. 3 bdrms, 1 bath each unit. Private fenced in back yards,...
Daniel Tully
50/50 partnership question
Hello all, I am potentially partnering on a flip where the partner is also the realtor. My question is, would it be fair/reasonable to have the resale commission also be split 50/50? My thought is that when doing a ...
Brock Best
My first rental investment deal
Ok so here’s my very first rental property deal. Purchase price $51,000Single family home3 bedroom 1 bath 1120 sq ft$15,000 down payment I used with a Home Equity loan from my primary residence. 20 year mortgage loan ...