Clare Pitcher
Flat Rate vs. Percentage Based Managment Fee
30 January 2025 | 19 replies
Getting $109 for doing nothing and watching paint dry.
Bruce D. Kowal
Decoding the tax return of your Syndicated LLC - related party transactions
1 February 2025 | 0 replies
Here are five dangerous provisions to watch for in an Operating Agreement:Dangerous Provisions to Watch:Authority to incur debt without investor approvalPower to make loans to other entities/projectsAbility to cross-collateralize with other propertiesPermission to use investor capital for other venturesCommingling of funds across different projectsWhy These Are Potential Ponzi Indicators:• New investor funds could be used to pay existing investors• Project-to-project lending can mask poor performance• Cross-collateralization puts your investment at risk for others' failures• Commingling enables masking of financial problems• Lack of project segregation enables fraudulent schemesProtective Measures to Look For:Strict single-purpose entity requirementsProject-specific bank accountsDebt limitations and investor approval requirementsProhibited related-party lendingClear fund segregation requirementsProfessional Best Practice:Request bank statements showing separate accounts for each project.
Christopher Lynch
How To Start a Syndication ?
10 January 2025 | 9 replies
I recently watched an episode of BiggerPockets where the guest discussed how he started a real estate investment company and buys commercial properties with 0% down.
Joshua Keim
Excited to be here!
27 January 2025 | 12 replies
I'm hoping to learn from others on the forums, perhaps find some mentors, meet some people in person and watch them do the things I've only read about thus far, and grow my portfolio.
Sebastien Tinsley
Looking to begin my journey into REI
13 January 2025 | 45 replies
As you read these books, watch the BiggerPockets podcasts.
Kody Smith
Hello, I'm just Getting started with creative finance.
24 January 2025 | 4 replies
Yes you partner with them on the individual deal but you get the reps in to become better at watching a deal from start to finish.
Karen Margrave
REDDING, CA INVESTORS
24 January 2025 | 37 replies
I'd sit on my couch and watch the Elk coming down to the river, geese, deer.
Tyler Kesling
Funding Your First Deal
7 January 2025 | 16 replies
I've watched several "Webinars" (pretty sure they're just hyped up YouTube videos and not what I would consider a webinar) right here from BP that are really just a push to become a "PRO" and gain access to all the tools.
Kenzer Hodgson
LLC or Umbrella policy
8 January 2025 | 14 replies
Hi @Kenzer Hodgson to @Sarah Kensinger's point above, I'm not a fan of so many people spreading legal advice/insight on the forums, but at least it's better than Instagram/Facebook and YouTube.
Keira Hamilton
5 Lessons Learned From Selling My Laundromat
22 January 2025 | 4 replies
Some had clearly heard about buying a laundromat on YouTube and just wanted someone to listen to their brilliant plan to buy five laundromats in the next year.