All Forum Posts by: Jonathan B.
Jonathan B. has started 71 posts and replied 166 times.
Post: Foundation crack on rental - How bad does it look?

- Southeast
- Posts 172
- Votes 13
@Jason D.
Was thinking the same.. just need to know how much to account for doing my final bid..
have any idea could be a higher end foundation fix?
Post: Foundation crack on rental - How bad does it look?

- Southeast
- Posts 172
- Votes 13
@jason
@Jason D. yep, sloped, i was thinking that too, i think it might be caving inside too.. due to the roof leaning towards the middle of the house
Post: Foundation crack on rental - How bad does it look?

- Southeast
- Posts 172
- Votes 13
Hi Guys
this is a 1950s house going on an auction at the court house steps
cant access the inside as its locked,
this is how it looks on the exterior, the roof has what it seems to be an angle on the right side towardst he middle
there are some cracks too,
any advice?
Post: Foundation crack on rental - How bad is it?

- Southeast
- Posts 172
- Votes 13
Post: Foundation crack on rental - How bad is it?

- Southeast
- Posts 172
- Votes 13
Hi Guys
this is an auction i am planning on going too,
its a 50's house,
i saw these cracks on the exterior wall - couldn't get inside the house though..
how bad is it?
Post: County clerk - Foreclosure data scraping

- Southeast
- Posts 172
- Votes 13
Hi Guys
Does anyone know how to scrape extract bulk
info from the county clerk of court about upcoming auctions?
I am thinking about going this avenue, never participated in a foreclosure prior to that , seems like a good tool to have instead of pulling g them one by one
Post: Seeking advice - Structuring a purchase with an investor

- Southeast
- Posts 172
- Votes 13
Originally posted by @Carl Fischer:
Consider a mortgage or deed of trust with a sale participation clause on the single property. He has the right to % annually and the% on sale when due.
I have 50% of the purchase too
Would DOT Scenario work well here?
Post: Seeking advice - Structuring a purchase with an investor

- Southeast
- Posts 172
- Votes 13
Hi Guys,
i have a property under my family entity,
Investors wants to buy-in on that specific property with agreed on terms (% annual return on equity invested & % of sale proceeds when due)
This specific entity holds other properties currently,
which type of agreement is best suited for this situation?
all "Investor agreements" I've came across claim % of ownership to the entity, in which in this case is holding other properties, i would want to avoid this scenario.
Is there a way to structure a way in which he invests capital in our entity in exchange for the agreed return without giving up or sharing ownership?
Thanks!
Post: A question about SIC Code for real estate investors

- Southeast
- Posts 172
- Votes 13
hi Guys
I am establishing an entity and wanted to know which SIC code are you classifying your business under?
Given the fact that REI is considered a high risk industry for financial Institutions, what would be the "right" SIC to be able to have some advantages
Thanks
Post: SIC Code for real estate investing

- Southeast
- Posts 172
- Votes 13
hi Guys
I am establishing an entity and wanted to know which SIC code are you classifying your business under?
Given the fact that REI is considered a high risk industry for financial Institutions, what would be the "right" SIC to be able to have some advantages
Thanks