Its what you negotiate and what is fair for both sides.However it is common to give a Pref return to the money..

I can definitely appreciate the remembering text but not where you found it 5 years ago so no problem there.Matt, the issue of counting income from government sources should be common knowledge, it's been around since the late 80s early 90s check in the Equal Credit Opportunity Act and Fair Housing, which is under HUD's oversight.

.* Target returnsiFunding feels the range of target returns is in-line with common expectations for equity real estate investments and similar properties. iFunding’s preferred equity terms – the first tranche of profits distributed solely to investors – also fall within a narrow range that’s typical for many similar real estate deals.

The 2% rule though is less common because fewer and fewer properties all over are hitting that 'guideline'.

I've never worked with hard money and wanted to know if this is common.

In terms of note investing, its very common in self-directed retirement accounts.Adam

Turnover, plumbing issues worse for basement units, hard to rent without laundry, common indoor hallways, etc...

The owner is the largest tenant with 2,120 sq ft, another tenant has 1,606 sq ft, balance (3) are all less than 400 sq ft, vacant office of 350 sf. with the balance being common elements, corridors, stairways, elevators, bathrooms, kitchen, etc.Gross rental income per the listing agent is $108,660, expenses are $41,225 annual condo fee (CAM) which includes electric, water/sewer, janitorial and property management, the estimated new property taxes are $15,500, and insurance approx. $2000.All tenants' leases are 1 year and/or have less than 1 year remaining.The property was purchased by the seller in 2011 for $350,000.

Your last name is common here.

A couple bought their home back in the 90's for x amount of dollars, well it is well over that price x today, so they have been advised that they could turn their residence into a vacation home(and conduct it as an investment) and rent it out for a set amount of time( of which I do not know) after that period has passed they can then use a 1031 exchange because that residence is now used as an "investment property"Obviously, I am no attorney or expert of any kind but I'd assume it was legal to do this as it is quite common here(shady, definitely) but it is what I have seen and am not saying I agree with it or presume to know the fine tuned details of what else transpires.