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23 July 2020 | 4 replies
I mainly wanted to reach out to the community as any advice is welcome, but I really want to confirm my approach to properly setting up a partnership.
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22 July 2020 | 15 replies
The only way a syndication will work with 1031 exchanges is if they allow you to take title as a tenant in common with the partnership or LLC managing the syndication.
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20 July 2020 | 3 replies
Every partnership varies, just look for a win-win.That said, the areas around the Hopkins Medical Campus and Hospital are very hit-or-miss.
20 July 2020 | 3 replies
Memorialize your business relationship in your partnership agreement ("operating agreements" tend to be used in LLC's).
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20 July 2020 | 0 replies
We have recently decided to create a partnership with my brother and sister in-law for property investments and splitting rehab costs and profit.
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9 August 2020 | 4 replies
Im working on a RE partnership with a couple of colleagues and we are looking for a CPA in the NC area who can help answer some RE business start up questions we have.
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22 July 2020 | 3 replies
I have a partner that I do deals with in a similar style to what you propose- we typically assign a percentage of the net on each deal to the person who performs each activity:-Find the deal-Negotiate the deal-Fund the deal-Fund the rehab-Manage the rehabThere might be more activities you can assign value to, depending on your partnership structure- maybe finding a buyer, renter, managing an eviction, etc.
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21 July 2020 | 3 replies
I'm planning to have more specific conversations with people in my existing network that have expressed interest in REI, and see if there are any financial partnerships to be made there.
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20 July 2020 | 0 replies
I've been in a partnership for about 4 years.
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20 July 2020 | 0 replies
I already have a few rentals in my personal name that are not connected with any entity. Planning to partner with long time friends/neighbors and purchase a couple SFR rentals. Should we create an LLC to help manage...