I am working on my first deal (in Texas) with passive investors. We planned to create an LLC and have all passive investors be silent partners on the LLC while the active investors will be general partners on this LLC...
I was encarcerated for nearly a decade. My wife has amazeing credit. I have zero credit. I opened a secured line and am useing that. I pay it off so to avoid interest. I bought a truck but we had to put it in my ...
I’m buying a small office property and will be raising $200k from 4-5 accredited investors that I have an existing relationship with. Do I need a PPM or can I just use an LLC operating agreement with a joinder for eac...
We are getting ready to rent out our first property which is a 3 unit and we're thinking it would be a good idea for the property to have a security system in place. It's right on the edge of the very desirable locat...
We have a tenant who wants to use their security deposit as last months rent in Arizona. AZ law enables a security deposit to be a max of 1.5 months rent. Which we collected. Now that they are leaving they want to not...
Hi Everyone,I'd like to introduce myself, my name is Yissell Torres, based out of Texas. I am newer to BP. I have always been fascinated by real estate investing. I have 13 years experience of flipping houses and owni...
I would like to deploy some money into Multi family 10 to 50 units in the next couple of years. From what I read it seems to fall into 2 categories. 1. Either you have a lot of money and buy one on your own. Or2. ...
Hello BP community,
I'm closing on my first investment property this month and have lined up a tenant for one year. My plan is to collect one month's rent as a damage deposit. That seems to be a standard approach, bu...
A group of us are looking at ponying up $50k each, or so, for a friend to buy, fix, flip a tired but rescuable As-Is house in a sweet spot. He's done 20+ of these, including working with a few of us on our own project...
I had a question from a potential investor (granted, this fella invests in multi, multi-million dollar projects). He asked if I would look into the blue sky regulations in Texas.Currently, I have one investor that pu...