Kellen Driscoll
Operating agreement for 50/50 partners?
Hey BP,
I was curious if anyone had a very basic operating agreement that they use in the case of two partners with basically a 50/50 split of cashflow, equity and everything else. I’m just looking for something that...
Brian Fouts
Got ANOTHER one! Quick project!
We just picked up our second rehab property for the month of September and are on track for the year (2-4 per month). Our joint venture partners are going to be super excited to get in on this one! Going to be a gre...
Hunter Wolfe
What are the legalities of doing my first deal with a friend?
Hello!My friend and I are looking to do our first deals together. For those of you who've done deals with your friends, what do we need to do, legally, to get going? Do we need to set up an LLC? Or can we both work to...
Elaine Williams
Hi I want to intro myself. I am based on the E Coast.
I'm originally from TX, 2 of my houses are. I currently live and manage a 4 family unit in Bloomfield, NJ. I am looking for ways to tap into investors in other markets, ways to re-finance what I have, and possible joi...
Chris Purcell
Picked the wrong Painter - how to fix tape seams and shoddy work?
BP,Trying to finish up a rehab and hired a guy to paint. Unfortunately didn't babysit throughout the process, and was left with some pretty rough work. How do I pick up the pieces and fix these issues? Are they fix...
N/A N/A
Howdy Everybody!
Hey all,
I'm Chris, 17 years old, and I'm currently a high school senior in the Dallas, Texas area. I'm looking to get an early start on my future and I'd love to invest in my first real estate property as soon as pos...
Hunter McBryde
Live-in-Flip in Queensland Australia
Investment Info:
Small multi-family (2-4 units) fix & flip investment in Lancaster.
Purchase price: $391,549
Cash invested: $27,000
Sale price: $609,286
Live-in-Flip in Queensland, Australia,...
Paul Allen
Suspended Losses Not Carrying Forward in HRB Software
I noticed this twice yesterday, so I thought I would make a post about it. Hopefully it will heighten awareness and save a little pain for some folks down the road. Two different clients, both military, both landlord...
AJ Pryor
Need suggestions for evicting 1 of 4 roommates
I recently purchased a 4BR rental property in a college town in the state of Georgia and took over an existing lease that ends in July of this year. The lease is a separate agreement for each tenant such that each has...
Sonia Wu
[Bay Area] Should I request permits to even uneven floors?
Hi BiggerPockets community!
This is a fairly specific problem. Hopefully someone here can help us out! We recently purchased an old Victorian house in Bay Area, built in 1901. It is a 2 bedrooms and 1 bath with basem...