In short: $558k gross, ~9% cap, modeled cash-flow of ~$92k/yr with professional management (or ~$140k if self-managed), and conservative 5-yr after-tax proceeds of ~$1.4M.I’m sharing the math, assumptions, depreciation treatment, and the risks/opportunities I saw (value-add ideas, occupancy sensitivity, and market comps).

I’m definitely trying to get out more, connect at meetups, and share what I’ve been doing.

Happy to share some insights on how those structures usually work and what to look out for if you’re considering going that route.

@Matt Jones - sure, please do share!

No, this arrangement does not qualify as interest. 1099-INT would be wrong.This is a profit sharing arrangement, and the correct form is 1099-MISC.

Hi BP community,
I’m new here and wanted to introduce myself. My background is in [architecture/digital marketing ], and over the years I’ve worked with investors and small developers on projects ranging from [floor ...

.: Can anyone share good flipping software where you can track payments to contractors, receipts during a house flip?

In the last 20 years they have been using the shared courtyard as their personal storage space, which resembles a junkyard.

@Michael Smythe When I shared that post, my goal was to add value by showing the shift from doing it all myself to leading a team built for growth.

The Craigslist effort will mostly be just for this month to test the numbers, as I am moving into this full time from my current job in tech and do not have the time necessary for D4D.If you have done these, do you have experience you can share with how you made it work?