Colin Dresher
Question on Partnerships
24 January 2021 | 1 reply
I started an LLC for real estate investing, basically buy and hold. I am finding out that others want to partner and have 3 different requests. My question is do I start a new LLC with each person that I believe wil...
Douglas Turner
A Rookie Questions on starting out.
27 January 2021 | 6 replies
I would highly suggest 50/50 partnership with a family or friend or if possible do 3 people in on the deal.
Mark Sandlin
Structuring a Partnership - Title & Financing
26 January 2021 | 1 reply
My understanding is that a "tax partnership" is formed by a joint venture regardless of whether a business entity is formed.
Alec Winter
Partnering with a contractor
25 January 2021 | 1 reply
I would say if you don't have a way to buy the property yourself nor the money to do the work.Remember part of something is better then nothing at all.Make sure a good contract is written up, scope of work, and have it reviewed by a Real Estate Agent.All documents reviewed or written up by a Real Estate attorney.With out knowing the partnership arrangement it is hard to really answer your question.I have done several deals as a contractor!!
Mazyar A.
Buying land and building with someone who is not a partner
8 February 2021 | 5 replies
The owner of the land is most likely not going to split the land before selling it to us.I prefer not to be a legal partner with that person, as each of us is going to have a different business, but I would like each of us deal with owner of the land and also builders to some extent independently but still harmonically.Without having a formal/legal partnership is this going to happen?
Andy V.
I found private investors, how do I split profits?
20 February 2021 | 2 replies
Maybe it's time for a detailed partnership agreement (with some wiggle room) and see what they say.
Samer Elayyan
LLC Type and Location for a Partnership
28 January 2021 | 2 replies
Upon initial thought we are thinking about creating a Delaware LLC with equal partnership where company profits/loss is distributed to the owners.Does anyone have any advice?
Anthony Torres
New to Real Estate trying to find niche.
19 February 2021 | 24 replies
Utilizing OPM is a plan that I want to pursue and cultivate long-term healthy partnerships to move into BRRRR and MF space to scale.
Leo Tsang
Mortgage and Tax questions
3 February 2021 | 4 replies
It was intended to purchase it the form of a partnership.
Osiris Banks
Real estate investing
27 January 2021 | 4 replies
Make developing those relationships a priority because with the right relationships, you will find the money, experience and partnerships you'll soon need to grow a business.