I went to cheap way, and formed an LLC (Florida) online without speaking to an attorney first. I know, fools rush in where angels fear to tread.My LLC just acquired 2 condos that need a little rehab. After rehab, the ...
I've read a lot about how depreciation helps when you own a small apartment complex. How does depreciation work when you are a passive investor in a syndication? Do passive investor get the benefit of yearly depreciat...
There are three 33% partners in an LLC and six equally distributed heirs (6). We'd like to simplify the next generation's responsibility and sell one third to one partner in a cash out deal. Two partners would remai...
Hey BP,I'm considering pulling the trigger on a duplex in my area that's currently renting for $700/side. I believe it can rent for $1100/side and my agent thinks it could go for up to $1300/side.If I paid $280k for ...
ive been investing a few years now i only do rentals and my brother has been wanting to do the whole real estate thing with me and wants to give me about 10-15K to go in on a property so basically he wants to lend me ...
Hi all, I'm a first-time investor looking for rental properties (BRRR/buy-and-hold) in Columbus, OH. My business partner and I are seeking the best way to apply for conventional loans on future investment properties....
Hello everyone!My name is Brandon and I am new into the real estate investment avenue to build financial and personal growth/wealth. My partner and I of our newly formed investment company are looking into opportuniti...
Great morning BP Community!I hope everyone had a wonderful holiday season and off to a great start in 2023!I was in the process of getting to pull the trigger on the FHA Loan and start looking for a duplex to Househac...
A friend wants to buy 10% of my multi-unit property. How should I value a 10% stake? If market price were 100K and my equity was 50K (50K of financing) should I be looking for $10K or 5K? Thanks!
Hi BP team, Happy New Year!
My brother and I own a 4-unit rental property in Los Angeles, CA, we've owned it for almost 10 years. The property Title is owned 50% by each of us individually, as tenants in common. HOWE...