GERT S.
Sole member LLC, add spouse as LLC member
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 ...
Ryan Prichard
63 Unit Syndication & Scaling
BP Fam, please overwhelm me with your inputs. I'm looking to use my SOI, our 100+ agents in the office, lender network, and their connections to fundraise an upcoming purchase. Our team is fundraising either a full $4...
Jeffery Drayton
Collecting rent on property in own name
Hello Everyone,I was wonder what type of structure is best for collecting rent on a mortgaged property that’s under my personal name. I know about transferring it into an LLC but I don’t want to trigger a “due on sale...
Tony Lin
How is depreciation calculated as a passive investor?
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...
Willem VanBakergem
Selling shares in a LLC; $5.5M MDU property
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...
Greg Larson
Question about increasing rent & refinancing a duplex
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 ...
Gabriel Benavidez
My Brother wants to invest
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 ...
John Mullen
Financing advice for first-time co-investors?
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....
Brandon Klunder
New Investor Introduction
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...
Ashley K. Butler
Enjoying the Process Part 3
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...