However, Person B agrees to manage the property until ~year 3, when person A + B jointly refinance.Additionally person A + B will enter into an operating agreement which binds both parties to these conditions and offers 50/50 equity in property.How do we structure this legally while minimizing the liability, in absence of a LLC.Side question:Are there different lending rates between a LLC and an individual?

I have knowledge and experience on investing, just looking for a group of like minded individuals who want to stay connected.

Hello BP familyTo cut the long story short I rented my condo to 3 individuals, 2 of 3 were less than ideal candidates with poor credit score (bad idea!!)

You should/could be getting twice that much...and yes, you can build wealth on rentals...even though I will tell you I wouldn't hold any individual rental for more than 5 years.I wonder how many REI that bought for future value, and with the aim of 100% equity for retirement, planned for how they would access all that equity...and what the impact of Capital Gains taxes would have on it?

Hi all, I'm new to real estate and would like some perspective from individuals who were invested in the previous downturn.

We are able to do individual showings and digital closings.

I charge my tenants actual usage (easier since they are mostly individually metered), but I’d have no problem providing the city’s bills as backup.

The lease is standard boilerplate claiming both individually and collectively responsible for the rent.

I look forward to learning and connecting with other likeminded individuals as I begin my REI journey. 

In Texas, you can only give a referral fee up to $25 to a non-licensed individual.