I would like to review an operating agreement for real estate. I have had great advice regarding some of the things I should be considered in the agreement. Can you share an example of one you are using or of things y...

I am looking at creating an LLC with a friend where we would like our joint venture/partnership to be 50/50. We are trying to determine what the contract terms should require for short term rentals versus the standard...

Hi all,

I’ve got two questions that I’m trying to answer and I haven’t seen it outlined in any texts. First question would be and I believe I know the answer but each property would go into its own LLC for asset pr...

It's good to occasionally take a balcony view look at your business model. It's also a luxury to have the time to noodle do so. So let me give you a head start... There are at least four different ways to hold an asse...

Is there a rule of thumb for estimating operating expenses for office buildings? I was told that could be 25-50% of PGI. What are your thoughts?

Happy Holidays Bigger Pocket Members,First, I am pretty new to real estate game. I have purchased 3 properties and currently have 5 doors but looking to get to 20 doors in the next 18 months. I have tried to follow th...

Hi All,Landlord here in the Philadelphia, PA region.  Any recommendation on someone I can outsource laundry machine operations to?  I know there are companies you can split your laundry revenue with, just not sure who...

I just spoke with an attorney and he suggested to me to form a new LLC for each property I purchase. He said it would add a layer of protection if something were to happen on one property, then the other properties co...

Hey guys - I've got a homebuilding business, mostly in the NJ area, and have been running at a slow, 1 house/yr rate for like 4-5 years. In an effort to ramp up, we've acquired the land for a full subdivision, and are...

I'm just getting going and feel so lost with the crazy amount of questions I have about legal stuff.. send help lol