We recently purchased a 120 unit value add apartment community and got the seller to finance. This was a distressed asset with 78% occupancy, needing over $500k in renovation. The option was to close with a bridge loa...
A few friends and I were discussing how to “crowdfund” a real estate buy and hold company. The basic premise is our friends and family would invest x dollar amount for x # of years. I saw “crowdfund” because we are lo...
Hello BP folks! My wife and I were just told abt a property that has come on the market. Love to get your thoughts. It is a 3/1 with a 1/1 ADU . The 3/1 is fully rented for $2900, with a lease just signed and the ...
I'm working with a friend to explore a partnership/JV with 3rd investor who is a personal friend of his. The deals we're looking at are new development small apartment type projects (8-15 unit infill), and we're tryin...
Hello there, New to rental investing as I move towards my second property. I know I need to put something in place to protect myself and a prior post brought up umbrella insurance policies as a better alternative to a...
I have been doing some research on business structure for real estate investors. I am still not sold on the LLC model. Maybe I am just not seeing the bigger picture. So my question is in a few words why do I want t...
Hi - I'm interested in converting a portion of my 457(b) - about $80k - into a self-directed IRA, obviously for purposes of RE investing.After that, it seems logical to form a LLC around those funds.A couple questions...
Hello,So I have an LLC established in North Carolina. I am looking to expand in to the New Jersey market. I have two friends in NJ who are going to act on behalf of the LLC in that state. What is the best model to e...
Hey Everyone!
I'm just getting started and reaching out for help with entity structuring (Holding Co, other LLC's, etc). Want to make sure I get things establish correctly now and not have to clean it up later.
An...
I’ve been asked by a few real estate investors to consider doing some project managing for their renovation projects. I’m considering establishing and systematizing a project management firm for this specific niche, w...