LP gets first 7% of returns as pref-From 7-12% split is 50/50 LP/GP-From 12-17% split is 25/75 in GP favor-From 17%+ split is 10/90 in GP favorThat means that if the investment did 30% irr pre-distribution that the LP...
Hello,
Been looking at duplexes in Cleveland, seem to be some nice properties priced somewhat favorably. Originally from Northern Indiana - so I know Cleveland has had it ups and downs. But from an outside perspecti...
I will be partnering with another investor to buy a mobile home park. We initially talked about forming a new joint venture LLC to acquire the property but he's proposing to buy or take over the company that owns the ...
Hello! I closed two weeks ago, on a Duplex in East Point, GA near Greater Atlanta for $319k. My Property is Zoned, to add a Tiny Home, as well. I used NACA and it took me 7 Months, to get through the Program. I saved ...
What does everyone think? I have been saying it for years, Cleveland is a hidden gem and investments here are better than ever. Always need to be careful in regards to which neighborhood you select, but almost everyth...
Could you please provide recommendations for states or cities that offer favorable opportunities for investing in multi-family and apartment properties?Thank you!!!
I have been reading bigger pockets for years but just "officially" joined. I sell real estate and my wife and I own Mt Bachelor Property Management here in Bend. I bought my first investment property in 2008, got my b...
Hey guys, I’m located in NJ & I wanted some feedback regarding to flipping properties in this state as an investor.I come to the conclusion that NJ is terrible to be a landlord in, especially with the process to e...
What's up BP family! I will becoming a Landlord within the next month or so as I close on a duplex. Does anyone have great advice for new landlords? I am a pretty good communicator and already have a business-like min...
A little over a year ago, my good buddy and business-partner-in-crime, @Reed Baker and I purchased our first investment property. They say the first property is always the hardest, and we're hoping they're right. Here...