After doing some research I have a feeling I’m not going to get the answer I want to hear but I’m looking to buy first rental (duplex) in Philadelphia. I’m 24 and the company I work for now was bought out about a 8 m...
So I hear about a lot of people using OPM, but I never really see details on just HOW the arrangement is created? Does a document or agreement get signed and recorded? Do they just hand over the money with a wink an...
Hi All,My husband and I are both contributors here in BP, host a weekly BP live, and have been on 3 of the BP podcasts! We have been raising private money for a while and have done so mostly with sophisticated (and so...
when structuring a joint venture what legal guideline do you follow to protect yourself? i.e. do both party's hire there own attorney to wright up contract and structure agreement?
If you are providing the ca...
My name is Marvin Hudson. I'm 31 years old and based out of the Columbus, OH area. i'm currently working in banking and have a side job as a personal trainer. I'm looking to get into real estate investing because I...
This might be an interesting topic born from another thread.
When is buying or operating in real estate a speculative venture and when are you investing? How do you define speculating and investing, what's the differ...
Hi BP!I have noticed this property that has been vacant for at least two years now. There are notices in the window stating that it is vacant/abandoned. It also has a city notice on it in regards to the out of cont...
I was offered to partner up with a friend of mine, his proposal to me was. We as partners would build small 500 sq ft one bedroom units/ duplexes triplexes etc. 1. He would put up all the capital. 2. Give me an hourly...
What are your thoughts on a partnership agreement for rehabbing / selling? More so I'm talking specifically about silent partners, who want to take a profit but not do any work.
How would you structure this agreemen...
Hello, I think like most of us we are trying to make a living and maybe a few of us would like to be very successful. The issue I am having is that I can't tell if I have a passion or just a addiction to this busines...