Arturo S Pena
How to proceed with a HELOC that was invested on a restaurant?
16 April 2018 | 0 replies
I can say they put a $140k HELOC on the restaurant and pulling out is costing them, as the new operator's bid is 60k.
Matt McKinney
How do you finance a big deal?
18 April 2018 | 4 replies
I would set up an llc and create an operating agreement and go fund it.
William Murden
start with Self storage
18 April 2018 | 8 replies
@Scott Meyers is a good place to start when looking for advice on Self Storage. 130 units is pretty small but if you can automate as much of the operations as possible it might be doable.
John Jones
Filing for Depreciation will be a costly mistake for me atm? 24h
17 April 2018 | 9 replies
Assuming that his annual depreciation brings his Net Operating Income (NOI) to $0.00 each year, Dave saves $491 annually (0.15 x $3,723).
Eric Sanders
New Investor in Southwest Chicago
15 October 2018 | 11 replies
I bet it's a similar situation with the second.
Ylvi Buza
How to buy 60% of Controlling Shares in Co-Op?
16 April 2018 | 1 reply
This will give you an insight about what’s allowed and what isn’t, how the board operates, what goes on at the board meeting, etc.
Jeremy Kuchenbecker
First Commercial Deal - Structuring a Fund
17 April 2018 | 7 replies
This would be a private security and you would need a PPM, operating agreement, subscription agreement, and investor suitability questionnaire at minimum.
John Hager
Real estate note funds for Non-accredited investors
24 March 2021 | 12 replies
@John HagerOur last Fund operated under the Reg D, 506(b) exemption and was open to non-Accredited investors but it closed to investors at the end of 2017.
Dori Arazi
Best practices for timing a 1031 in a hot market
21 April 2018 | 19 replies
Your best bet is to do a Monetized Installment Sale.
Percival P.
Partnership with VA Loan & Househacking
5 April 2021 | 9 replies
I'm hyper-sensitive to ensuring that all structures/operations are legal, particularly for tax purposes.