Patrick Philip
Has anyone here ever raised lots of private money for a purchase?
I've been wanting to do this. I would prefer raising money thorugh debt, but am now thinking it's probably more realistic that someone is going to want equity in the building (I think I prefer hotels over anything els...
Matt MacDonald
I’m trying to help investors/Landlords with this post
I met with a potential customer for property management services in Jacksonville FL & told him what we do & gave him some good advice on how we should manage the home. Around a week later he reached out to me ...
Jay Boyle
Are security deposits income on the profit and loss sheet?
Hi I am new to apartments. I presently have a 90 unit under LOI. The financial data I received from the seller shows the incoming security deposits as income and the outgoing security refunds as expenses. is this typi...
Alejandro Moreno
trying to build credit
Hey BP fam, i currently have a self loan through my own personal bank to help establish some credit now should i wait till its paid off to get a secured credit or should i get one already and also should i get another...
Mickayla Fatovic
Looking for Recommendations for Syndication Attorneys; 506b/c
Hi all, I'm currently in the process of looking for more syndication 506b/c specialty attorneys/firms. If there is a professional that is highly recommended, please let me know because I would love the opportunity to ...
Michael G.
Questions about private lending
Hi all
My partner and I have a few properties under our belt at this point. Up to now we have been using hard money for the rehab phase, it costs a lot but it's a necessarily evil.
We have connections to some fol...
Sean H.
Issues with using Non-Accredited private investors
I am speaking with my attorney who is helping me setup the proper documentation for use with private investors. She is suggesting that I do not deal with non-accredited investors because if something should happen to...
Matt Chestnut
Syndication Partnership Agreement Referral
Can anyone point me to best practice resource for a partnership agreement, private placement memorandum (PPM), and/or other critical documents that need to be in order for the purposes of something as buying a piece o...
Chris Sanchez
Increase rent by $100 or charge $100 for internet?
Hello BP. Need some direction, please. I'm getting ready to enter into a lease for a detached ADU and I'm wondering if I should increase the rent by $100 OR leave the rent as is and charge $100 per month separately fo...
Jordan Santiago
What Qualifies As A Syndication Deal?
Hey BP Fam,I was wondering what exactly qualifies as a syndication deal? If 5 already active real estate investors want to come together, pool in money, and purchase an apartment complex does that qualify as a syndica...