Jake Pengelly
Real Estate Partners
Hello all! I am going to lay this question out there as simple as I possibly can. Has anyone partnered with someone solely on the bases of cash injection for business operation and marketing? - If so what does that pa...
Josh Dehmlow
Quick question on RE LLC compensation for member doing the books,
OK, probably NEVER a "quick" question and answer concerning tax, $, etc. But I will try to make it simple. What is the simplest way to compensate one member (of a 2 member-mamged 50/50 LLC that has a couple rentals) f...
Zachary McDonough
A Wholesaler's Toolbox
Hey BP Nation,
So I have a few rentals under my belt using the traditional method (with either conventional or FHA financing) by finding deals on the MLS. However, I really want to learn the skills of deal finding/ge...
Matthew D.
Acquired fee simple, convert to ground lease?
Hey all -- Question -- If I was to purchase a hotel fee simple in an urban environment, would I be able to purchase it, improve it, and then resell it say in a year subject to a ground lease? Idea being that I would l...
Xavien Rafael
Why Structuring Your Bank Accounts Is Key to Real Estate Success
Managing money might not seem as exciting as closing deals, but it’s one of the most crucial aspects of running a successful real estate business. Properly structuring your bank accounts ensures that every dollar in y...
Paul William Johnson
Proforma and Investor Returns
Hello, Bigger Pockets world! My partner and I have a goal to buy 5 homes for long-term rentals this coming year in the Atlanta area. We are working through all the details now but getting stuck on the best way to payo...
Brandon Leong
Average Cost of Appraisal in Kansas City
Hello everyone!My partner and I have recently just put down an offer for a SFH in Kansas City! We signed the PA and we are currently getting all the mortgage details down. This will be our first time and we are excite...
Thomas May
Memorandum of Understanding (MoU)
Hi BP community!I am a new investor (hopeful) and am partnering with a good friend of mine and a third experienced investor. My initial end of the bargain is to draft a Memorandum of Understanding that will then trans...
Mike Nelson
Forming a business structure WITHOUT an attorney.... yeah I said it
Alright I think I just opened a can of worms here, but seriously, Id like to hear from the people who don't think you need an attorney when forming an LLC for example. I can see where the advice of an attorney would ...
Travis Pirtle
Partnership Agreement or LLC / Partnership Exit Strategy
Hi all,I purchased a property with a good friend 7 years ago. We each put down 50% of the down payment and split the cost for new paint, appliances, and small repairs needed prior to listing the unit for rent. We agre...