All Forum Posts by: Jeremy Cox

 Very cool. Yeah I'm also interested in Missouri, but don't yet know which cities are worth investing in and are growing.

 Interesting, do you have anything for Missouri? 

@James Wise thank you for that! What a great resource! I can imagine that took you some time, thank you for sharing.

Hey @Andrew Lewis! Thank you for reaching out! I’ll send you a PM.

@Jeffrey R. White we will be looking mostly south of 98, but we'll be open to other areas. As long as the numbers make sense.

Hey everyone! My partner and I are located in the DFW metroplex of Texas but we are headed to Mobile in the beginning of September! My partner grew up in Mobile most of his life and has a passion for his home town. We intend to BRRRR properties in and around Mobile and build up the community. I would love to meet some of the local real estate pros! Our goal with this first trip is to network and build our Core 4, as well as see some potential properties if we have time.This will be a weekend trip, coming in on Friday the 6th and leaving on Sunday the 8th.

Who are the rockstars you know in Mobile, AL? We are looking for rockstar agents, property managers, lenders and contractors. I would love to connect with you all before coming out so we can get to know each other and make a plan. 

Thank you!

Awesome, thank you for the clarification @Blake Garcia!

Great idea Blake! Thank you for the advice.   When you say “market rate credit toward the equity” what do you mean by that?

I've got a unique situation that I can't find an answer for in the forums. My friend and I want to invest in an out of state market, one that he grew up in and knows very well. I have the money for the financing, but my partner won't really be able to help in that area. We both live in Texas, out of state from where we want to invest. I want to partner with him because we have a good relationship and he knows the area very well. We are planning a trip to that area to build our Core Four, network and look at properties. My concern is keeping a split fair. If I provide most of the down payment and he handles the networking and building the team, as well as putting a small percent down for the down payment, how would a revenue/equity split work? We will need to rehab these properties and that would likely be paid for mostly by me. We would need a PM to manage it so that would be another cost. I've never partnered with anyone, much less with it seeming to be very one sided, so I have no idea what would be fair for a split of revenue/equity like this. Any ideas?