Kevin Lefeuvre
Airbnb's new position regarding security deposit
Those of you here since a while have read my rants about Airbnb practically not having any security deposit, and how this has been abused by some irresponsible guests. I believe (and my 4 years STR experience supports...
Stephen Grindle
Contract for Passive Investors
Hey all, my business partners and I want to start inviting passive investors into our deals in order to speed up the process and not have to use banks for all of our funding. A couple of questions related to this: 1. ...
John Dennis
SEC involvement in friends and family deal
I am putting together a friends and family deal on an multi-family property and was considering the following structure.
My LLC essentially sells a number of loans for "X" dollars to fund the renovations and down pay...
Sofia Ruano
Selling partial beneficial interest in a trust, Do I need a PPM ?
If I buy a property in a Land Trust,Or if I originate a note in a Land Trust,Then sell partial beneficial interest in the Land Trust to multiple individuals,Do I need a PPM and need to have this passed by the SEC ?
Nicholas Lohr
How do you keep your investors out of the loan process?
I'm in the midst of a huge BRRRR deal and the loan and title are currently in my name. I had investors put in the money for the rehab.
When it comes time to refinance how can I keep them out of the loan process? ...
Josh Haney
Compliance/Legal Requirements when buying real estate with partners
Hey everyone,
I've recently been learning about syndication structures strictly from an educational standpoint, and learned there are a lot of compliance/legal boxes that need to be checked. I was wondering if these ...
Jean G.
Is it considered a security if I offer my private lenders a bonus
Hello,I buy and hold properties, and I am trying to find a deal structure by which private money lenders would be interested in providing me long term funds at reasonable rates, as opposed to typical hard money (high ...
Kenny Wolfenberger
Commingling Funds - is it legal?
At a recent real estate seminar I attended the presenter said that it is illegal to commingle funds from different private lenders to purchase a property. The example he used was borrowing money from 2 relatives (5...
Jorge Soto
Buying a rental where the tenant has trashed the place
Hello BP community. I just wanted to get your opinion/ advise on my current situation. This week I will be closing on my first investment property. Its a three unit in Sacramento. I will be living in the front unit a...
Jason Heard
Last Month's Rent vs Security Deposit
I know what the differences are with last month's rent vs security deposit. But I've heard some other investors say they use last month's rent for the sole purpose of not having to place a security deposit in a trust...