I just finished writing up the rough draft of my first trust (LHT - Land Holding Trust). It's being reviewed and edited by my teacher so not executed yet but feels really great! I'm so proud of myself LOLIt's really...
Hey Guys,I seem to get a lot of inbox msgs about doing JV deals, how I got my money partners, deal structure etc. As a result I'm writing up a quick blog right now on the topic. For those of you who've done JVs whats ...
My wife and I are half owners of a RV park in Nebraska and will be buying my parents out of their half at some point. We got into the business as equal partners with equal shares. The wife and I currently have numer...
I own a remodeling/handyman business in Chicago. Its been a slow winter and we are moving to a new office that is eating up lots of my cash. I am in a bit of a cash crunch for the next few months and wanted to tap my ...
I’m a contractor and through discussion about a storage development, someone approached me about doing one together. They own the land and want to do a similar development, but don’t know anything about construction o...
On Brandon’s post How to reach a Million Networth in 7/8 years (2012), Brandon mentioned in the comments an option once he really retired would be to sell his portfolio and do a 1031 exchange into a REIT. Would some p...
My wife and I own an LLC (Partnership) that has invested in Open Door Capital. Our partnership just received our K-1 for 2023. I realize that our partnership would need to file our 1065 for 2023, but would then the ...
Firstly, I want to share that my family recently inherited a house in San Francisco that we are renovating of which my father is leading the project. This event acted as the impetus of my new-found enthusiasm for real...
I ran across a company and business model that seems suspicious to me, and I'd like some feedback from the BP community. I'll not mention the company name yet. It's less than one year old, and I found only one menti...
I got in touch with a developer who is looking for someone to put equity into his project. Here is his proforma, - No. of units are 44 (75% 1 bed, 25% 2 bed)- site acquisition costs are 1800000- Construction costs are...