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All Forum Posts by: Dhruv Anand

Dhruv Anand has started 2 posts and replied 13 times.

Originally posted by @Amy Wan:

@Dhruv Anand you would need to form your own fund or “sub-syndication”, which does require going through the usual legal process. There needs to be enough meat on the bones of the deal to make sure there’s enough to go around.

 Got it! Thank you!

Originally posted by @Alina Trigub:

@Dhruv Anand

Welcome to BP!

As others mentioned, no need to over-complicate the structure of your syndication. An experienced securities attorney can guide you in the right direction and help you select the right SEC guideline to follow. Feel free to PM me if you'd like to speak with someone in the City (face to face if you want). Although not needed, some folks prefer that.

Best!

 Thanks!

Hi Team,

I searched several keywords across BP and couldn't find an answer to these questions.

I have several friends and family members who want to invest along with me as an LP in Syndication Deals.

1) How should I structure it so that 1 company is investing as an LP (either an S-Corp or LLC), and other friends/family members are investing in my S-Corp/LLC?

2) What is the best way to pass on the distributions (pref returns), and year-end K1 back to friends/family?

Thanks in advance!

Regards,

Dhruv

Originally posted by @Nadir M.:

@Dhruv Anand

https://www.rentcafe.com/blog/renting/states-best-...

This will help. I invest in Nebraska (tenant friendly) and live in Colorado (landlord friendly)

Hope this helps. GL

Nadir

Thanks Nadir! 

That's the link I follow as well :). I was looking into more City specific. But, appreciate your looking and advising!!

Originally posted by @Brian Phelt:

I can only speak to San Antonio but landlord friendly for sure.  Not a huge fan of the JP courts but they work well with landlords as long as they are adhering to the lease.  We typically use an attorney for going to court when needed since they have a pulse on the courts and how cases are going.  Hope that helps.  Feel free to reach out with any questions.

Great! Thanks Brian! 

Originally posted by @Jim Cummings:

@Dhruv Anand

I'll try to stay away from being political here - but if the city has a left of center political reputation and management / leadership style. Good bet the city is less Landlord Friendly.  There are exceptions based on the county the city is in as in Texas Evictions are a County function NOT a City function.

Got! Thanks for the additional insights!

Originally posted by @Joe Splitrock:

@Dhruv Anand most of the big stuff happens at the state level. That is where landlord/tenant laws exist and where state tax laws are written. Within a friendly state, there may be more friendly cities, but it is smaller issues. 

For example, some cities put extra rules on landlords to register properties or there may be local ordinances for property maintenance. Rural areas usually have the least rules, but also less population so lower rent values.

Or another way to look at it, any place is better than New York:)

Hahaha.. definitely, any place than New York! :)

Thanks for the details though! Appreciate it a lot!