All Forum Posts by: Hans Alverson

Hello!

I am writing up a business plan for short term rentals in a specific area and trying to figure out how best to structure capital partnerships. I am pitching the idea to family first, so I definitely want to be more than fair and make it a win-win for everyone involved. 

Currently I am thinking of splitting 70% of cashflow with investors proportional to their investment. Along with 30% equity split likewise.

I will be managing the property and living in an ADU on-site initially (it's my first deal).

Any advice would be appreciated! Including advice on what books/resources I can go to to figure it out myself.

Thanks in advance!

Hello all, I am just getting started investing. Diving in head first. My location is Phoenix, niche is small multifamily, strategy is househacking/BRRRR.

My first action step is to determine which zone codes would be best for this. I am hoping to narrow it down to zones for both multifamily and single family. Not even sure that exists, but I figure it probably does. From there I will find which of those zones are within my starting criteria ($400k - 700k, in a relatively safe area) then set up auto email with a few agents for those neighborhoods.

I will be moving back to Phoenix in Sept. (Have to finish an internship to graduate with a degree I'll never use). And I am hoping to find a deal by then, preferably just before we move down so we can get contractors out to do whatever work I don't feel comfortable doing before we get there, but frankly, I'm willing to do whatever is necessary to get things going.

Thanks in advance for your responses! Anyone in Phoenix, I would love to meet up and am very willing to dive into any problems you or others in the area have and start solving them.