I am using Quickbooks for an LLC in my syndication with 100+ investors. Does anyone have a good set of best practices for setting up QB in managing capital accounts?
Hi BPers,I am in the process of buying a property with a friend. I would like to get a recommendation of which entity to form. We are a 50/50 partnership for both cash flow, equity gain, decision, .... etc.I am debati...
Hi BP fam!
Question for those that have partnered with a GC before, how have you structured the partnership?
I have been presented with a partnership opportunity to do flips. Short story: he is our GC who just finis...
I am purchasing my first property with three other investors. One of the investors is going to be the acting Property Manager. He is requesting $15/hr rate and an additional 1% Gross Rents. We will all have 25% equity...
We are looking to purchase our first REI property sometime this year. We will be purchasing a property with an investor partner (terms still to be discussed) and want to make sure that the business entity is set up co...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $165,000
Cash invested: $25,000
Sale price: $234,900
Partner Driven and Jamari Spruell completed a successful f...
I have a private lender or investor, I am not sure what to call him, who has agreed to put 10% down for a 20% ROI paid out in 1yr intervals. I have two questions in regards to this: 1.) What type of lawyer should I ge...
A few days ago, I downloaded the "Simple Waterfall Model - Private Equity" spreadsheet in the files vault section, that was created by Bryan Hancock. First wanted to say thanks it s a great spreadsheet.
I wanted to c...
Thank you to everyone who takes their time to offer advice on this valuable forum.
Background/Bullet Points:
San Diego duplex.
No debt.
Not a rental. Two vacation homes. Divided by a Co Ownership Agreement.
I want...
I am looking at purchasing an SFR but do not have the funds myself to afford it. I am looking to partner with a family member who is willing to provide the capital for the initial purchase. I know it is a good deal bu...