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All Forum Posts by: Joel Hall

Joel Hall has started 3 posts and replied 4 times.

My partner and I live in Greenwich CT.  We have over 25 years managing properties and understand the hassle and headache that can come with owning an investment property.  We also know many owners don't live close to their investment properties!  

If you own an investment property in Fairfield county CT and are tired of getting phone calls from your tenants at all hours of the day, we'll help you reduce stress and improve ROI. Let us know how we can help.

Our Website

Hi-

I have 1 multi-family in Norwalk, CT and am looking at continuing to build my portfolio. Because of the crazy market, it's difficult to know where to look. I'm looking for 2-4 units BRRRR opportunities in Fairfield County, CT specifically. Price point would be 100-400K. Something that can cash flow with some growth potential (I know, what everyone is looking for). Anyone have any idea as to what areas are interesting to look at with the market right now?

Thanks.

Thanks Taylor.  Thats extremely helpful.  

Hello-

My friend and I are interested in starting a REI LLC in CT. I've read about examples of structuring the the LLC so that a % of the share/profit goes to my friend and I for doing the "work" and the other % of the share would get allocated pro rata based on the investment amount that LPs contribute. My question is what is a common allocation of these % that make sense for both my friend and I and the investors.

For example, we could split 50/50 where my friend and I are allocated 50% of the profits and the other 50% is allocated pro rata based on investment amount.  This could also be split 10/90 where my friend and I are allocated 10% of the profit and the other 90% is allocated pro rata based on investment amount.  What is a common allocation?  10/90, 20/80, 40/60, 50/50?   Any advice would be appreciated.  Thanks!