Tiago Faria
Rural Tourism Property in Portugal
31 August 2018 | 0 replies
Hi BP Community,We are selling our property in the country side of Portugal (Constância, 1 hour away from Lisbon), and would love to ask you guys if you know anyone or any investment fund that is looking at acquiring these types of properties overseas.It is a rural tourism property with great history, currently used as a 10 bed boutique hotel.Below some additional details:Location: Quinta de Santa Bárbara 2250-092 Constância, PORTUGALSize: 38,410 m2 (413,441 sq ft) of land, and 3,200 m2 (34,444 sq ft) built areaCondition: working hotel with 8.9 rating in Booking.comNumber of bedrooms: 10 (project to increase capacity to 21 rooms)Restaurant, bar, swimming pool, tennis court, small gym, space for events with 200 people capacityPrice: €1,950,000 ($2,261,970 at today's exchange rate)It is surrounded by famous historical landmarks (such as "Fátima", or "Convento de Cristo"), and it has an historical background.
Kevin Moore
Trying to learn in North Seattle, WA
5 September 2018 | 8 replies
Could you move up in the company or work in a capacity that deals with the owners?
Bob Smith
My Mother's Old Duplex - Keep or Sell?
6 September 2018 | 3 replies
Better yet, you terminate their month to month tenancy to renovate, if you have the financial capacity to do so.2) What is the equity in the property?
Sylvia Tsai
LLC Legal & tax protection structure 4 Calif prop with 1 member?
2 September 2018 | 2 replies
LLCs that are thinly capitalized are more likely to be viewed as “shells,” thereby losing their capacity to shield the members from liability.or fails to maintain a separate identity from its owners ( using the business bank account for business purchases, maintaining separate books)Conversion of entities Assets for Personal Benefit:Another factor that poses a risk of piercing the corporate veil is the draining of entities assets (such as payments of large salaries to shareholder-employees) that leaves the entity with inadequate resources to pay its debts.Do not commingle personal and LLC assets.Maintain a separate LLC bank account.Execute an operating agreement.Follow the provisions of an operating agreement.Have LLC member meetings according to the operating agreement.Title property in the name of the LLC.Maintain insurance on LLC property in the LLC's name.Sign all LLC documents in the LLC's name, not the members' names.b.
Shane Adsir
FOUND huge deal, way bigger than I can chew; pro help
5 September 2018 | 10 replies
How do I finance something in any capacity when it is out of my league but so ripe I cannot stop talking about this?
Gabriel Benavidez
My Brother wants to invest
3 September 2018 | 3 replies
Since you're experienced I would say you should have full decision making capacity and he would be a silent partner2) How long you are going to keep the property for (or terms that would trigger a sell such as appreciating 100% in value) and if someone wants to sell their portion, how they will be reimbursed for it (who pays realtor fees etc).
Steve Vaughan
My BRR (no Refi or Repeat) pics, #s and takeaways!
20 October 2018 | 44 replies
that's the extent of my handyman capacities..
Leland S.
Obtaining Title Transfer from incapacitated person
5 September 2018 | 8 replies
Being locked up does not raise capacity issues.
Joel Harrison
Worth it to become a contractor?
6 September 2018 | 2 replies
Ultimately you would know if you feel as though you have the capacity to quickly learn trades, implement action plans, and work with people.
Ryan Hansen
Issue Transferring a Rental Property to our LLC
7 September 2018 | 14 replies
RyanThis is the advice I received from my attorney and Title company regarding this very issue which I questioned last year;As with a trust, lenders do not exercise the "due on transfer/sale" clause when real property is transferred to the same individuals in an official capacity (i.e.