I am involved in a 3-way investment on a rental property and we are being forced to sell because of a DOT project. Our profit on this property will be approximately $75,000 and we need to figure out how to split this up. Being close family members, we weren’t too concerned about figuring this out we bought the property.
I would really appreciate any suggestions from real estate investors experienced with partnership investments like this.
Here are the figures for the capital and work/mangement invested by each party.
Investor #1:
Invested $150, 000 by taking out a regular home loan.
Lived at the property and payed “rent”.
Did 85% of the maintenance, improvements and rental property management.
Investor #2:
Invested $75,000 from a home equity line of credit.
Did 0% of the maintenance, improvements and rental property management.
Investor #3:
Invested $25,000 from a home equity line of credit.
Did 15% of the maintenance, improvements and rental property management.
Thank you!
VINCE
I am constantly wondering what types of investment plans or other forms of investment are out there for young entrepeurs who just want to make quick money legally. Therefore, just prove a full explanation of your opinion. Thank you.
LYNN
I own a few houses that I rent out and am wanting to sell them to investors. I am needing to know of websites where you can list these types of investment properties for sale. Any help would be appreciated. Thanks
WALTON
I live in Chicago and already have bought a couple preconstruction condos as an investment. I have seen some land/lots for sale for what seems like reasonable prices in areas that have potential to be “up-and-coming” areas. What do you think, in general, about how how good of an investment land is? Would you recommend building on it, or waiting until the cost of the land appreciates a good amount and then flipping it? Do any of you own or have owned land as an investment in a city? What are some of the things I should consider, in this kind of investment?
SANG
I am involved in a 3-way investment on a rental property and we are being forced to sell because of a DOT project. Our profit on this property will be approximately $75,000 and we need to figure out how to split this up. Being close family members, we weren’t too concerned about figuring this out we bought the property.
I would really appreciate any suggestions from real estate investors experienced with partnership investments like this.
Here are the figures for the capital and work/mangement invested by each party.
Investor #1:
Invested $150, 000 by taking out a regular home loan.
Lived at the property and payed “rent”.
Did 85% of the maintenance, improvements and rental property management.
Investor #2:
Invested $75,000 from a home equity line of credit.
Did 0% of the maintenance, improvements and rental property management.
Investor #3:
Invested $25,000 from a home equity line of credit.
Did 15% of the maintenance, improvements and rental property management.
Thank you!
LINDSEY
As a real estate agent specializing in investment properties, residential and commercial, I would like to know what are the best ways to market my services and products. I have access to residential properties that will cashflow with almost no money down and that are located in high-growth and high-appreciation areas, particularly Branson Missouri. The commercial properties have a strong cap rate and very competitive with the rest of the nation. I welcome any suggestions and, if it is something you tried yourself in the past, I would appreciate a brief explanation as to the results obtained. Thank you in advance everyone!
LUCIO
