Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply presented by

User Stats

26
Posts
9
Votes
Alex Cordero
  • Las Vegas, NV
9
Votes |
26
Posts

Finding out what an LLC is worth?

Alex Cordero
  • Las Vegas, NV
Posted

Is there a way to research the value of an LLC? I have the name of the LLC and the name of the person it is registered in. I'm interested in investing in a particular deal in Oakland that like a great opportunity. I have some concerns.

* This would be my first time working with this rehab agent. 

* He owns a property in San Francisco that is worth approx. one million

* I was told that my investment is secured by the property that is tied to the LLC.

My main concern is verifying that amount his LLC is worth. I was given an answer by him, but I would feel much better if I was 100% sure that this property is TIED to the LLC and is what is protecting my investment. Any input is greatly appreciated.

Most Popular Reply

User Stats

2,067
Posts
900
Votes
Percy N.
  • Developer
  • Philadelphia, PA
900
Votes |
2,067
Posts
Percy N.
  • Developer
  • Philadelphia, PA
Replied

Alex Cordero , not sure what you are intending to do but the value of the LLC is meaningless unless you are the manager of the LLC of have special rights via the operating agreement.

If you are lending on a property that is in a LLC, then ask for the deed or put a mortgage on it.

If you are investing via a syndicate, then have an attorney review the partnership and PPM docs if this is your first time.

Loading replies...