If you form a new entity with you both as owners, then you simply have an operating agreement for that entity which spells out all that the JV would have.Question 3.

I'm uc in Indy, Atlanta, and Phoenix so we'll see how those turn out, but the pro forma's look great.Thanks all for the welcome!

That's why I don't venture too far from areas I am familiar with.The financial pro-forma on a deal is only part of your due diligence....what's on paper may not be reality.

I am using the information for estimate purposes in a Pro-Forma I am currently building for a client.

At the same time I'm upset because he took my age and lack of experience and ignorance for granted which makes me question a lot of things.From what I know now I would have never done the deal without a proper pro forma, construction bids, entitiy formation, and more details of the deal.

if it was not then no one would ever form a corporation or LLC.As to the tax benefits that is outside of my area of expertise.

Setting your keywords for MA, Massachusetts, Boston, and topics that interest you will help you connect with them.

The team will form as I nail down my plan and dive in.

once on the web site it directs you to the same form as that we send you  from the initial email if your coming from craigslist. 

Can someone explain to me the difference between Cap Rate and Pro Forma Cap Rate?