All Forum Posts by: Matthew Modabber

Hi guys, 

Just got into RealEstate and found this page, first post, and love this community. 

I bought one section 8 rental and I'm very happy with the returns. I have some best Italian friends who I recently spoke to about my success with this rental and we discussed the comparative much lower CoC returns in Italy.

They want to invest with me on the next properties and we were thinking of doing a 60forme/40forthem split on the net cashflow from each property but the property would be theirs since they would put the downpayment. 

I heard people do 50/50 all the way. 50/50 net cash flow and ownership. 

A couple questions:

1. What structure is best for OPM, of the two strategies mentioned above what would benefit me best? These section 8 properties I'm purchasing don't appreciate all that much in value so the extra 10% cashflow seems more valuable. 

2. Is OPM as easy as they send money to a business bank account and with each friend I open a separate LLC from which I buy their properties from them?

Assuming obviously everything is very well tracked and at the end of every month I send the respective real estate rent from the business bank account? 

3. Any general advice, guidance, and hacks such as softwares you'd recommend etc?

Any feedback is tremendously appreciated :)