Bennie Leija
Some Appraisals are unqualified and do evaluate properly
3 October 2021 | 16 replies
From the phone discussion I think that the evaluation didn’t consider the additional ‘value’ to the structure.
Kevin L.
adding a partner on the 1031 exchange
4 October 2021 | 3 replies
I'm wondering if there's a way to structure the 1031 such that my brother is added to the transaction along with my parents so he can take out a mortgage to make up for the difference.
Aaron Ellis
Looking for sponsoring brokerage in Houston
3 October 2021 | 5 replies
I've heard good things about Nebo Realty as a low cost broker option.EXP has more recently been a broker of choice due to the MLM pay structure.
Adam Hurst
Partnership Questions and Examples
3 October 2021 | 2 replies
A straightforward way to structure this would be to have a multimember LLC with 2 types of ownership via common units (LP) and management units (GP).
Denny Cash
Tracking Categorical Expenses
3 October 2021 | 4 replies
As I have grown, I have learned (continually learning) more on how to structure my finances to ensure for financial stability during the unexpected that often arises while owning property.
Jose Antonio Flores
Contractor needed for a Turnkey Project for a major rehab!
3 October 2021 | 1 reply
We need a contractor who can take a turnkey project for a major rehab of a duplex located in Houston’s East End Revitalized.Scope: We started the rehab of the duplex but got stuck in the structural review by the City of Houston.
Chris Niemeyer
Unreal Numbers on a BRRRR Duplex, Out of State Investor!
3 October 2021 | 0 replies
If he finished on time or early there was a sliding scale bonus structure.
James Devoe
Question on Holding Costs?
6 October 2021 | 10 replies
Most deals are structured with a due diligence period.
Shatavea Wallace
Working under an LLC
4 October 2021 | 1 reply
@Shatavea Wallace First steps: 1) Find a lender - I recommend someone local, ask your real estate agent who they can recommend or start calling around2) Find a real estate agent if you haven't3) Have some cash for the reno (whether it is hard/private money or personal cash); no matter how you structure, you'll need some backup $ (how much depends on how large your project is)4) Read in the forums/education articles here on BP https://www.biggerpockets.com/...
Gabe Belloli
Selling LLC with property in it or sell property by itself?
5 October 2021 | 2 replies
You as the buyer think you are saving 50% of the transfers by structuring things this way (assuming buyer and seller split transfers according to local customs)... and years later the state discovers the ownership change and suddenly you're responsible for 100%.