L Craig
Fractional Ownership at the New Jersey Shore
For over a year I have developing a business model and plan for acquiring property at the New Jersey shore beach communities to be sold on a fracitonal ownership basis. This would be similar to the fractional owners...
Dave Rav
Ownership survey: 5% vs 100%?
Quick survey:Would you rather own 5% of 80 units OR 75-100% of 10 units? And why?
Lee I.
Personal Financial Statement when real estate is owned in LLC or INC?
I've been looking over various personal financial statement templates and one thing confuses me. If I own real estate wholly or in partnership in the form of an LLC or a corporation, how do I list this on a PFS? Is ...
Alex K.
tax depreciation on co-ops
My understanding is for resedential units and condos it would be SL for 27.5 years however for coops the formula is a bit different.
Would anyone be able advise on how this is calculated? I read some stuff on the I...
Michael Dombrowski
Financing and forming an LLC
Hello,
My mother, sister and I plan on starting a real estate investment property. However, we are clueless as how to separate out ownership.
Does anyone have tips and specific guidelines on how to separate out ow...
Grand Wally
Elementary LLC question
I've had my LLC for a while, but for the first time I'm considering taking on other investors. Question is....how do I know how many do I know how many shares I currently have setup in the LLC? Also, if an equity in...
Chris Lopez
Property Analysis in Denver area - Centennial
I’d appreciate BP’s opinion on a property. Thanks in advance!Currently my wife and I live in Los Angeles, CA. We’ll be moving out to Denver in early 2018. The plan is to pickup a property before we move out there. I’v...
Amr Omar
Seller Financed Condo Deal - Atlanta
Hey guys,
I've been looking at duplexes to house-hack in the area, but the owner of the condo that I'm currently renting is looking to sell and we've been negotiating on a possible purchase now. I know condos aren't...
Ali Nichols
Creative Financing for STRs
Has anyone figured out creative ways to finance their STRs? I'm looking to deploy ~$30,000 but that doesn't go far if I need to put 20%+ down. I would love to find a solution where I could only put 5-10% down. Any tho...
Nic Bernal
Attorney Approval failed - Should I keep my attorney? (NY)
Hi! First post here. Story time!So I am in the process of finding my "House Hack". Found a Duplex (no hoa!), made a deal, signed some docs, found an attorney, and 7 days later the Seller's attorney vetoed the deal. So...