All Forum Posts by: Manuel Lopez

Kanishk,

You can PM me.

Regina,

If you need an attorney in your area. You can PM me. 

Hello Fasil,

She drew up the Operating Agreement. And also I needed to do a Quit Claim Deed.

And being that I have a SDIRA and there are strict regulations. She is very knowledable with that aspect also.

Hello BP Friends,

I am looking for a Appraiser Agent in the New Haven, CT area. Any recommendation?

Thank you in advance

Hello All BP members,

I will like to let everyone know that if you need an (outstanding) attorney in Northern new Jersey. I highly recommend Jessica Zolotofore. She is my attorney now and forever. Very down to earth, knowledgeable of all aspects of real estate.

She is working with me on my property in setting up my partner and myself

Thank you for reply. We do have an Operating Agreement. I will have my attorney review it. I have a SADIRA. It's a bit complicated with its regulations.

Thank you Brie.

Hello BP Members,

Hopefully I can resolve my issue in a passive matter. My partner and I have a property we purchase one year ago. It's a multi family with 3 apartments and 2 commercial. We have not been on the same page since they one. This is my first investment and being that he is a contractor I went alone with what he told me. My fault for not doing my due diligence.

I am by the books and having all documents up to date. Payment on the tenant I collect from is deposited to the LLC checking account. And utilities and repairs I have taken care of are done by the LLC checkbook. This is a mess. I have spoken to him that this is a business and everything has to be reported and with receipts. He made a lease without my consent. Which I am having the attorney draw it up correctly.

My partner is totally the opposite. He collects rents and doesn't deposit it in the LLC, he deducts it from the materials he bought from Lowes and Home Depot. He pays cash to the worker and just writes down on a piece of paper. I can go on and on.

I have decided that I want out of this partnership. I think it will get ugly. He claims he has put out of his pocket $23k in rehabbing without receipts. So, he gave me different invoices from his company on the work done to justify. I have all receipts, invoices and pay stub on my part of the work. It is really bad.

My question is. I am going to propose to him to buy me out or that we sell. I don't want to buy him out. If he doesn't want to do neither. What can I do?  

Thank you in advance for any advise.

hello Jessica,

Thank you for your reply. I have a property that I purchased using my SDIRA with a partner.

I was looking for an attorney in my area that has knowledge of the regulations of the SDIRA.

I needed to draw up a JV Agreement. Which I ended up using the firm that opened it. They are in AZ.

But I wanted someone close by.

Good morning BP friends,

I need a attorney in Northern New Jersey that has knowledage in SDIRA.

Thank you in advance for any recommendations.