Matt Hummel
Structure for partnership
How would you structure a 50/50 partnership if one person did the managing and finding of partnership and the other was just equity?Next how would you structure a 0/100 partnership if i the 0 did the managing, findin...
Christopher Lynch
Can you put 2 LLCs on a purchase agreement?
I have been talking with friends in the real estate space about housing flipping. Many are interested in partnering. However for liability reasons I don’t want to flip without a LLC. Am I able to buy under my LLC and ...
Colton S.
Tips for naming Company
Hello BP World,I am at a dead lock right now in terms of thinking of a name for my buy/hold rental company. I want to have a name/domain so I can start to form a more official image in the community as a whole.I know ...
Robert Ruschak
What is the best way to structure a real estate joint investment
I am looking forward to do some joint investments on very good real estate investment properties.1) The profits will be split 50/50. Should I and the other investor create our own LLC's and a holding company?a) Shoul...
Justine Phillipson
Splitting Equity with a Business Partner
Hello, I am a Real Estate Agent planning on doing my first flip in 2024! I have a friend, who is a licensed GC who wants to go in on the deal with me. I will be finding the deal, fully financing the deal, handle the l...
Michael Peters
How to Structure a Partnership to Avoid Deadlocked Decisions
I'm currently in the process of writing out my a Partner Agreement for buy and holds and would love to learn from everyone's mistakes and best practices. For context my partner lives out of State and would be bringin...
Sunny Malik
LLC formations and disputes
Hi everyone, Does anyone have a lawyer they've used in the past that's good at explaining rights in an LLC (both for existing and forming new ones)? I'm considering forming an LLC with 2 other business partners. I wan...
Heidi Brown
Partner Investor Contracts/Terms
I found an awesome 6 unit deal for $425,000 through owner financing. I need a 50K down payment. I am not sure how to go about the terms with other investors for the $50,000. I am open to paying them interest on the 50...
Joe A.
Harris County Insurance
Hello BP!I am under contract to buy my first out of state property in Cypress, TX. While I love everything about the property and thought I did a ton of research, I apparently failed to research Homeowner insurance co...
Vignesh Kumar Subramanian
Raising rent above 10% in Paterson, NJ
I have a 2-unit house in the Northside area of Paterson, NJ where i am looking to increase the rent of my tenant. Its a 2 bed, with 1 attic room used as bedroom, so 3 bedrooms and 1 bath. The tenant was previously pay...