All Forum Posts by: Sharad Bagri

We are a few friends looking to invest in multifamily apartments (<4 units) in Ohio. We haven't done real estate deals together earlier. We need guidance on how to structure our partnerships. Are there templates that can work as good starting points for us. 

Also, we will be doing standard downpayments and financing. So, should we create LLC and get the loan in the name of LLC or should we take the loan individually.

Should we have umbrella insurance to protect ourselves?

Hi BP! 

I live in California, I am new to real estate and am looking to do some out-of-state investing mostly for cash flow. I am primarily looking for small multi-family and exploring cities in Ohio like Columbus, Dayton, and Cincinnati, as well as the RTP area in North Carolina.  

To narrow down my search can you guys please suggest if I should focus more on Ohio or North Carolina?

Hi

Great to find this community of like minded people.

I and few friends based in Bay area, CA are looking for our first multi family deal. We are looking for cash flow positive (or slight negative) properties, as close to bay area as possible. We are willing to go farther if we can figure out a good team of agent, property manager, contractors etc.
Please reach out to us if there is anything interesting where both of our interests can match.

Thanks

Sharad

 Like 4-6 units. How does it impact? Trying to keep the total cost below $1.5M.

It looks like only accredited investor can invest in multi family investing. Is that strictly enforced? What if a married individual has income of $200k+ but the spouse is not in workforce, so that is the total income. i.e below the $300k limit for married filing jointly. Can they still get an accredited investor rating? Assume the total net worth is not $1Million

What's the cost in the process to get the accreditation?