Hello everyone! Looking to get connected with an investor focused mortgage broker in Ontario. Let me know if you have any recommendations. Thanks!!

Hello Realist community! I live in New Brunswick and I am starting a partnership with a friend to invest in small multifamily properties following the BRRRR model of real estate investing. I will be bringing 100% of the cash to the deal to finance/purchase the property, funding the renovations, and cover holding/closing costs. I also have 95% more experience in owning and managing rental properties and knowledge of the financial system so I will be providing the majority of the input to this side of the business venture. I have successfully executed a couple of BRRR deals myself in the past but currently have limited bandwidth due to other life responsibilities which has made it difficult for me to scale in the past 12-18 months, hence the consideration of bringing on a partner to help forge ahead. My friend has his own contracting business (although not his full time work, he has a full-time job as well, at the same company as me) and will be completing the renovation work partially with his own labour on evenings and weekends and partially with hired labour/subs. His expectation is to be paid a reduced rate below market value for his time and his subcontractors' time in exchange for a percentage of equity and future cash flows of the property once the refinancing is complete. He will also assist with the ongoing management and maintenance of the properties once the project is complete. I'm having a difficult time determining what is a fair distribution of shares in the company that ultimately will own the renovated building once the work is complete between my friend and I (yes, I have already asked Chat GPT). I would love to get others' takes on what is a fair distribution of equity in the building, future net cash flows, and ownership stake in the company in this situation. Understandably the answer here likely varied depending on the project/property, but any general thoughts/feedback is appreciated! Thanks in advance!

Has anyone had experience working with a non-profit, looking to purchase through MLI Select. There seems to be some confusion as it’s not a typical corp board.

Just used the AI assistant for the first time to analyze a deal, what a game changer!!!!!

Thanks for joining, were super excited to have you here. The purpose of this group and challenge is to help you break out of the habit of consuming information without taking action. Great deals are just around the corner and some are already happening, so now is a perfect time to switch from a season of information gathering into a season of action. To take part in this challenge, watch this brief video attached, then return to read the following steps! 1) Watch the video below if you haven't yet. 2) Comment on this post with a brief description of who you are, where your coming from, and when your looking to invest! Include a link to your social media as well for networking. 3) Navigate to the calendar and mark the live call times in your calendar. If you can't make the live call times, the recordings will be posted under the classroom tab within 24 hours. Whoever posts their proof of work homework on the follow up posts before the March 9th 5:00PM deadline will be entered into the draw. We'll explain further after the first challenge call on Mar. 4th at 12:00PM Looking forward to chatting with everyone again soon.