@Tiffany Milan,For me, the right time to start came when I met my partner and we realized we had an equal amount of desire and excitement for real estate.   

The bigger ISSUE is you are borrowing from two people plus the lender = equals 3 LOANS!!

1167 units divided by 186 permits equals 6.27. 

How can my father and his brother equally split the plaza onto their own names or LLCs?

But the other purpose --- and equally important one --- is to protect against liability from each other.

Scott shall not be considered active under the following circumstances: unemployed while seeking gainful employment, on disability from full time employment, retired from government employment, or other circumstances out of control and atypical to choosing to pursue his housing business endeavors as his sole source of primary income. 1.Should Scott choose to “actively” engage in housing as his source of employment as defined above, Scott agrees to give 25% (twenty five percent) of his net profits accrued from his active efforts during the period of marriage to wife in the case of a divorce.2.Payment of such percentage of funds shall be payable over 120 equal monthly payments, or equivalent to no greater than 10% of Scott’s New York State Adjusted Gross Income, verified annually with payments adjusted the 1st of November each year, whichever is less, to ensure no undue hardship to Scott or the business will be endured.

Zillow says $125 rent increase equals a move and $50 increase is a common increase for tenants who stay.

No tenant has ever refused that offer from us in the last five years and required us to assert our right.Look, your tenants know that you and they are not in a relationship of equals, that you, ultimately, own the roof over their heads.

I can also tell you that the amount you have to improve the property is not equal to the purchase price.

Welcome to NYC and Welcome to BP I am sure you will enjoy both equally