Melissa Nash
Considering turning one of my STRs into a Fractional ownership
Curious if any one has done this before? I own a luxury STR that is financed and in an LLC. I am doing research on fractional ownership- where I would sell 1/16th or so of the ownership. Has anyone done this and if so...
Steve Sebree
Need Advice: Partnering with a General Contractor
My wife and I have just recently been in discussions with a GC in North Phoenix regarding a partnership opportunity on a fix-and-flip. It's a long story, but to quickly summarize my wife and I purchased the home and w...
Jessie Dillon
Commercial loans & personal guarantees
Hi all! An interesting question has come up in my circle & wondering if anyone WORKING IN commercial loans can answer this for us: Example:A new LLC is created for a group of people to purchase a property in. Owne...
Kevin Turano
selling 1/2 of property to tenant?
I own a property with two mobile homes and land free and clear, I bought it for 45k about 10 years ago . Texas. One of the tenants wants to purchase "his half" for 60k cash. I cannot "divide the property" due to se...
Rebecca Rivera
Thoughts on buying shares of a business including real estate
Hi Everyone!I’m new to BiggerPockets nice to be here! This community is super informative. I was hoping to pick some brains.
I have a client who is a partner with two others in a commercial building. They’ve listed t...
Daniel Dietz
Appraiser for "Valuation Adjustment" on 3-way LLC/ROTH Conversion
Hello All, II am looking for feedback on two things;1)The 'concept' of getting a 'valuation adjustment appraisal' on our 3-way LLC that is made up of 3 SOLO401Ks that own rental properties and are currently NOT in 'th...
Patrick Philip
A few questions on syndicates for raising funds?
If I'm trying to purchase a specific commercial property, I've seen that one method of raising funds could be a syndicate. My questions are...1. Since I need a specific property, isn't it likely that someone else woul...
Mohammed S.
Advice Needed: First 100 Days Operating Plan post Multi-family acquisition
Hello All,
I am putting together an operating plan (the first 100 days) of a 20 -unit multi-family acquisition. Can any one can share their thoughts/insights of this First 100 Days plan such as the various e...
Pete Schlegel
Stock Certificate & Title reads "leasehold interest in property"
Has anyone ever dealt with Stock Certificates or leasehold verbiage on title work?
Eric Fete
S-corp for properties: Hard to sell?
Hi allI had several properties in a LLC and in order to buy more my mortgage broker (very savvy guy) had me re-structure/re-characterize my LLC into an S-corp (essentially a LLC taxes as S corp). That way that one en...