All Forum Posts by: Joey Zawacki

Hey Ladies and Gents! Will you guys be revving it back up soon? Any May or June meetings planned?

Hello investors! I am exploring the world of creative financing and alternative financing and have stumbled upon the master lease agreement in my studies. I am looking for some mentorship on this subject. I understand specifically what it entails: 

1. We agree on an amount for down payment

2. We agree on monthly payment

3. We agree on terms of loan: i.e. purchase for 100k note due on "x" ( 3 years ) at end of lease. So if we agreed on 1,000 a month, for 3 years I would owe $64,000

4. Right to an Equity Title: I get all rights to profit from property during said term i.e. tenant lease profits and if I sell at/on or refinance on term due date. So if I sell for 200k I get profit on that as well.

That is really all I can dig up and research. I am looking for someone who could possibly offer more on this, what are some specific terms to make sure are in the agreement. I have not found a good reference point online for a master lease agreement to work from. 

Is there anyone who can offer some guidance. I understand this is a matter of opinion on any advice or reference points given and I would seek advice from an attorney and this is being used for my education purpose.

Thank you in advance,

Joe

Macon, Ga

Greetings while in quarantine! I hope this post finds you well and in good spirits. I am lending myself money, and paying myself the interest. I am looking to see if anyone can me some basics and pointers and direction to or can send me any documents to review and adapt to my own loan agreement. I have the ability to be my own hard money lender and also to some of my businesses and would like some guidance and insight to how, and where to find the correct tools to do so.

Thank you in advance,

Joe

Hey guys! First time post for a new member. Quick and to the point:

Need suggestions in setting up a Partnership Agreement, Operating Agreement, and Buy/Sell Agreement. Me and my biz partner formed an LLC, going to have a lawyer write up the PA, OA, and Buy/Sell agreement the first time, and copy and paste for any future LLC's my partner/s create in the future.If the details change per property or project, we would have the lawyer change. Kind of doing a project by project, but most will be the same. I'm looking for any specific pointers on any 3 specifically, or if you can give any advice on all 3 you can give to make sure I include.

Kind of looking for the "wish I would have known", or "really regret not having done that," advice that I can make sure I put in or consider on the agreements.

Thank you in advance,

Joe