Travis Pirtle
Partnership Agreement or LLC / Partnership Exit Strategy
Hi all,I purchased a property with a good friend 7 years ago. We each put down 50% of the down payment and split the cost for new paint, appliances, and small repairs needed prior to listing the unit for rent. We agre...
Yoshi Uem
Net worth as accredited investor whose primary residence is MFH
Hello!I am trying to calculate my net worth to see if I am qualified as accredited investor.Question is,I own a duplex and live in one side and rent the other side. When calculating net worth for accredited investor s...
Dustin Faeth
Issues with bad contractor now threatening to file mechanics lien
We are finishing up a rehab project right now and the contractor that was doing the work was doing a horrible job, taking too long and causing a lot of issues, so I decided to fire him this past Friday and cut my l...
Mike McKinzie
Republicans are Racist???
Republican National Committee Chairman Michael Steele on Sunday called on Senate Majority Leader Harry Reid to resign for describing Barack Obama during the 2008 presidential campaign as "light-skinned" with "no Negro...
Sophia Bahena
Toilet Paper Holder
I know it might sound silly and ridiculous but today I learned something that I did not know yesterday...I learned how to fix a loose toilet paper holder. All it took is watching a video on Youtube, a trip to wonderla...
Joseph Chan
Self Storage and Mobile Home/RV park
I'm evaluating a deal in Texas for a small Self-Storage and Mobile Home/RV Park. Just wondering if anybody in the BP community has experience they would be willing to share regarding purchasing and operating such a fa...
Ashley Abramson
Can partner in joint property force a sale?
My parents own a piece of property on a lake with 50% undivided interest, and their partner has 50% undivided interest. The property is worth about $500k (or less) according to comps on the lake. There is currently a ...
Vandan Mehta
Same agent representing buyer and seller for investment property
Hello, I am a first time investor and I reached out to an agent for helping me in the process and he sent me couple of his own listings. While they look attractive, I am not sure if this is a good idea to have the sam...
Bernie Huckestein
Using multiple self directed IRA
My wife and I both have IRA or old 401k monies that could be moved to a self-directed IRA...can a property be bought 100% (no financing) with the combination of IRA funds (hers and mine) say 50/50 or 75/25?I don't thi...
Andre Delagarza
How to structure a partnership
Im looking to start a partnership with a friend. I understand thats not the best idea considering there could always be fall out, but its something we've talked about for a while and understand the risk. As it stands,...