Steven C. Suarez
How to divvy up with partners on buy/holds
Hi friends, how do y'all usually divvy up money made from buy and holds that a partner/partners have helped you to buy? For example if I bought a 100k home in my name and needed 20% down and a partner gave me 10k (10%...
Josh Rich
Partnering on my first deal
A BP friend and I have been talking about forming a partnership by doing a fix and flip deal together and we need some guidance. Here's the rundown:
We are splitting costs 50/50, profit share is 75/25 (he ...
John Asher
DSCR loan low rental appraisal?
I just got an appraisal back for a property I am trying to cash out refi. I bought it for $100k and the appraisal came back at it being worth $210k but only worth $1000 a month in rent (the rental comps are nowhere n...
Kimberly H.
response script when tenant asks for security deposit back early
I have good tenants that gave me several months notice that they were moving out. Now there is about 2.5 months left, they just read the lease and see that we don't give the security deposit back until up to 45 days a...
Anderson Bigate Nogueira
How would you invest $1 Mi in current market?
Looking for strategies in this current market that I haven't thought about - WHAT WOULD YOU DO? Here is the case: still have my W2 job and the goal is to replace it with passive income from real estate. My residence h...
Ralph Galdorisi
Deferred Sales Trusts 1031 exchange
Sold properties looking to buy using 1031 clock ticking! I have heard if the well publicized Delaware statutory trust (don't love it but better than paying taxes).I was introduced to a less heard or Deferred Sale trus...
Kelby Schimming
Bank Loan for a Down Payment?!
BP,I have a deal in the works and the seller is willing to finance. However, due to my inexperience, he is requesting a down payment around 300k. I will also need another 200k for closing costs. It is an off market $8...
Randy G.
What’s a good return for someone that wants to invest in me.
Hello all! So I’ve flipped multiple houses and Have made pretty good money. A familyMember Wants to lend me money. I was flattered by the offer. Now I want them To make a good chunk of money but I’m not Exactly sure w...
Heather C.
Should I sell to pay off debt
Background Info: My husband and I own 1 rent house with about $35,000 equity and 6 rent houses with 2 other partners with about $50,000 (our share) equity.We have about $20,000 in debt other than our house that we ...
N/A N/A
Turning Primary Residence into Rental
Hello Everyone,
I have kind of a sticky situation. My wife and I have jointly owned our primary residence (let's call this property A) since 1996 and have built quite a bit of equity in it. We recently decided to p...