Alex Lindsay
Best way to start a partnership
My partner and I have been doing the research and honing in on a market we like. We feel we're ready to take the next step and purchase our first rental property, but we're unsure of the best way to go about it. Does ...
Oliver Pham
Looking for a property manager for a property in Annville.
Good evening, I bought a property in Bailey Road, Annville, KY back in July. I bought this with a partner and completely owned the title on this property. Due to a disagreement, I will be alone to managing this place....
Jonathan Greene
The New Forum Trend of Fragility and Trolling
The forums here are always a mixed bag, but recent occurrences have unveiled a new low in trolling.
It's commenting on comments and then attempting to gaslight.Multiple times now, someone has commented on either a po...
James Wierzba
Recommended way to share property ownership?
I own a few long term rental properties. The titles are held by a sole proprietorship LLC for which I am a 100% owner. ( the LLC does not have a tax ID, i use my SSN)
My brother is investing with me now. He has pa...
John Lingel
Borrowing money from a friend for a foreign property
I am looking to buy a $200k property in Colombia (Foreigners can't really get loans) and I plan to borrow $100K from a friend and pay him back over 7-10 years. What would a fair deal look like in terms of the borrowed...
Christian Brodin
How To Set Up The Perfect Business Partnership
Finding good partners is the key to success in anything: in business, in marriage and, especially, in investing. – Robert KiyosakiWhat is a partnership in business? A business partnership is created when two or more p...
David Magnuson
REI with your siblings? Can mixing family and business work?
I'm in the beginning discussions and research of going into REI with my two brothers. We don't want business/money to be something down the road that could potentially harm our relationships.Has REI with siblings as ...
Alex Goodwin
Hire a property manager or not?
Hello,My partners and I are having a disagreement about if we should hire a property management firm for our portfolio. We have a goal in mind of a hundred units or so. My thought process that while hiring a manager...
Johann Jells
City-county-state disagreement about the number of units on CoO
I bought a building in 2012 that was 4 units, including a legal basement apartment. I checked on the county tax website and saw it was listed as a 4U. It had the state issued "green card" as a 4U. Last year I appeale...
Mike Fernandez
What to put in partnership agreement for multifamily
Hi all,I’m looking for suggestions on what to put in a new partnership agreement. One big item is how my partner and I would dissolve the partnership of one of us would want out.Let me give you a bit of background to ...