Stephen Walley
Calculating Returns After Returning Initial Investment
Let's say I have LP investors and upon refinance I pay back their initial equity contribution. What equity amount is used to calculate returns sine you paid back their initial equity?
Mark Z.
Operating Agreement with Co-Owner: Considerations, Tips, etc.
Hi everyone,
I co-own a condo, that was at first a primary residence, with my now ex. We've maintained a good relationship and have decided to retain ownership and rent the unit out to earn passive income. That said...
Rob Gillespie
What frustrates you most in your real estate business?
There are plenty of things we all love about this business, I am curious what frustrates everyone.
For me, I will wait to comment until after the thread gets going. I don't want it to become a discussion on my frust...
Shane Woods
Mom & Uncle joint heirs - how to separate?
My grandparents on Mom's side were long divorced. Both had property and passed away in the last few years.
Grandfather had a house he lived in, and a rental. These were willed to my Mom and Uncle 50% each.
Grandmo...
Logan M.
Onsite Handyman in Mobile Home Parks
There is a universal rule that you get a handyman from the last owner whenever you purchase a mobile home park. I have had a wide variety of outcomes but I want to give a few warnings from my experience.
1. Don't r...
Jared W Smith
Self-Directed Solo 401k for Notes needs LLC?
Hello all,
As the title implies, I have set up my self-directed solo QRP 401k with checkbook control and trying to set up a business account. I know there are three known banks that deal with self-directed account...
William Hull
Is Property ownership by young people become hard?
A report warning that young people are finding it harder to own a home than in the past. The report stated that 31 per cent of 25 to 29 year olds own their own home, compared to 63 per cent twenty five years ago. Also...
Mark Gruetzmacher
To partnership, LLC or Sole Proprietor-Tax Questions
Hello everyone, I have another question to run by you. I am trying to figure out which is the best way to structure this deal and how to do it for tax purposes as well.I am closing on property on Tuesday. My father ...
Jason Cleckler
Buying out a farm partnership.
I'm in a farm partnership with my father in law(fil) and my brother in law (bil). My fil owns the property involved with the farm which he inherited from his father. He wants to retire so I'm planning to buy him out...
Craig Holt
Starting a Rental Property Co in Texas
I'm moving to Texas and I want to start a rental property company. What licenses do I need as the owner to make sure that everything is legitimate? What licenses does the person leasing the property for me need as w...