All Forum Posts by: Jonathan Drago

Thanks @Robert Castillo!

Hi @Nicole W.

Thanks for the feedback! Do they charge you a monthly/annual fee? Are the training sessions included or separate fee for each session?

Hi Everyone!

I'm an investor in the Tampa, FL market and I just passed my FL Sales Associate state exam to become my own agent!!  I'm currently seeking a flat fee broker in the area to hang my license with. 

I've spoken with, and sat down with, a few brokers already and I have a good feeling on which broker I'm going to pursue. BUT...

Before I actually sign and process my paperwork with the DBPR, I'd like to get some impartial input and feedback from the local BP Community on good broker relationships that you have as investors/agents.

Does anyone have a GREAT relationship with their broker? If so, what are your terms, and what do you like best/least about them? 

Any feedback is much appreciated!

Thanks,

Jon

Thanks for setting this up, Mark! I plan on attending!

Great job! Would you mind sharing your mental trick when creating the SOW for everyone to see?

Hi Everyone!

I'm looking to get some feedback on finding the "right" GC.  You know... the ever elusive qualified GC that does superb work, completes tasks on schedule and on budget, and is always reachable.  Besides local meet ups and networking events, has anyone found some other good resources to establish new relationships and meet new, qualified GCs?

Any info is much appreciated.

Thanks!

Jon

@Mark Nolan Sorry, I said "Rob." I typed that thank you as I was reading the ROBS guidelines. Rob in my brain space.

 Thanks for the note and references, Mark. I'll definitely research this more.

Thanks for the feedback. I didn't think it was possible to do with the SDIRA, based on all the legalities regarding the disqualified party. We just needed some confirmation. Obviously we will be working with a RE attorney and CPA before making any commitments.

Thanks!

Hello BP World:

My equity partner is my father. We are going into business together to flip homes in FL and are looking for some advice. I am setting up an LLC, and he is planning on investing in my LLC as a minority shareholder from a separate LLC. He will be providing 100% of the capital for our flips and I will be doing all of the work on the ground.

He is interested in funding our flips from an SDIRA. Is this possible with this sort of business structure? I know that I am considered a disqualified person as I am a family member with direct lineage.

Is it possible for his separate LLC to invest in mine (listing him as a MGR in my LLC - or not), or is it still considered self-dealing or him receiving indirect benefits? We are trying to figure out the best possible way for him to fund our flips, and if using an SDIRA is even possible.

Any help is much appreciated!

Thanks,

Jon