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Results (10,000+)
Lindsey Matejak LLC and Trust Law
10 May 2024 | 0 replies
What is the specific process/documentation we need to go through to remove her from the LLC (can I do it myself or do I need to involve an attorney)? 
Max Tulberg Seeking Advice: Newly Licensed in Virginia, Eager to Work with Investors
12 May 2024 | 9 replies
Are there specific networking events, online platforms, or strategies that have proven effective for building relationships with investors?
Tim Kubiak Currently looking for a 3-4 unit in the western part of Chicago
12 May 2024 | 11 replies
Are you looking at a specific neighborhood?
Summer Chen MTR starter seeking advice
11 May 2024 | 7 replies
I have been editing it based on a state-specific lease template which contains 15 pages.
Michael Sand Buying property "subject to" vs. Adding someone to the mortgage/deed
11 May 2024 | 8 replies
That is a legal document that the lender needs to be involved in.
Carlos Ptriawan Biggerpockets and AI
10 May 2024 | 7 replies
Here are the key points:Reasons to participate in the capital call:It may allow the property time to stabilize and potentially sell within 24 months at a better price, avoiding a significant loss of LP-invested equity if forced to sell now in an inopportune market1.The additional capital can cover costs like rate caps and allow renovations to resume, which could help increase revenue and better position the property1.The operating agreement likely outlines the terms of the capital call that LPs agreed to2.Reasons to be cautious about participating:Capital calls can indicate the investment is not as sound as originally thought and is potentially at risk2.There is uncertainty around whether the additional capital will be enough to turn things around, especially if interest rates remain high and the market stays challenging for longer than expected4.LPs need to carefully consider if they would invest in the deal now based on the current facts, rather than just trying to avoid a loss on their initial investment4.Other important points:LPs should review the operating agreement, seek professional advice from their attorney, and ask the general partners detailed questions about the capital call2.If an LP is unable to contribute to a mandatory capital call, they may be considered in default and only entitled to the return of their remaining capital account balance, with no further distributions5.In summary, whether an LP should participate in a capital call depends on their individual assessment of the risks versus potential upside after carefully reviewing the deal specifics and getting advice from professionals.
Michael Baum New California legislation...
11 May 2024 | 14 replies
We encourage you to familiarize yourself with this new California law and seek legal counsel for further guidance.
Danae Pitcher Putting Your STR In An LLC
11 May 2024 | 8 replies
This provides me some legal protection as well as tax benefits.It depends on the person, most small time investors should just put in their personal name as long as they qualify for conventional financing. 
Yash Tamta Cashflow ready houses. Too good to be true?
13 May 2024 | 19 replies
More specifically in North Port, FL in Sarasota county.We are all in on this area because it of the trends we are seeing when it comes to population growth and Average Salarys, and the amount of jobs coming to our area.
Alex Ng MTR in Southern California
11 May 2024 | 7 replies
You need to identify what kind of tenant the specific property will appeal to and make sure it makes sense for the location.