All Forum Posts by: Shasha Jhaveri

Hey BP Forums,

I've heard a lot of info regarding how financiers and deal finders split profits, especially when it comes to the sale of a property, but I would love more clarity on how it's split when it's a rental.

Example - One person puts in all the cash, the other person finds and does the deal. 

How do they generally split the cash flow coming from the property? Is it 50/50?

Also, how are they listed on the escrow docs in terms of % of ownership (as that affects the taxes at the end of the year)?

Thanks!

Hi Elan, Welcome to BP!

I just started investing as well and am from the Orange County area. I'm working on a duplex here, but I've been doing a lot of research and it's looking better to invest out of state.

Good luck and hope to see you at one of the meetups.

Hi BP Forum,

I'm looking at a deal where I put 33% down (2M) and 66% is financed by the seller for 10 years at 5% interest only. The units are turnkey, but could be jazzed up and are renting a little under market. How do I figure out if this is a good deal and how I'm going to handle the principal payment in 10 years?

Any advice would be great. Thanks!

It's so nice to hear success stories like this. Congrats!!!

I would love to know what you think about hiring a friend who is a real estate agent vs hiring someone you don't know personally. I'm torn because on one hand you know your can trust your friend and the upside is they will be getting the commission, but then again you may not want to have uncomfortable conversations with them if things are going well.

Would love to know your thoughts / insight. Thanks!