Doug Pereyda
How to Update Operating Agreement
Changed my LLC address and updated that info with the state. Documented it with LLC Amendment Form and signed it. Question: Do I edit the actual LLC document to reflect the change, or do I simply attach the amendmen...
Trevor Jones
looking for starter's operating agreement
Hey all!I've been listening for years (now reading the forums just recently). My partner and I are buying our first property - a 2 unit multifamily in WI. He is going to manage the property given his proximity but w...
Scott Herber
Short Term Rental Operating Plans
Hi everyone, as we continue to grow our short term rental business, I’m putting together a more polished operating plan for my team. Some of these are contractors and subs, and some more direct employees. I’d be curio...
Rebecca Shine
Operating Expenses vs. Capital Expenditures
I have a couple questions around bookkeeping and taxes for rental properties. I recently had some work done in the basement of one of my multi family properties that amounted to $4300. It was really needed because w...
Aaron Millis
Order of operations for renting
Hi all,I am on the verge of being ready to list my property for rent and start the entire renting process. However I was wondering what the order of operations is for renting your property. I have never rented a prope...
Matthew Rutledge
LLC operating out of state
I have an LLC that I started with my now ex-wife. I got the LLC in the divorce. I plan to use this LLC to hold/manage rental properties long term, and basically take care of all my real estate dealings that are not ...
Alex Olmo
Single asset entity operating agreement?
Is there a template form on the BiggerPockets website?
Litan Yahav
Sponsor vs syndicator vs operator
I've been investing in RE and PE funds / syndications for the past 7 years. But I still feel like the terminology isn't clear when it comes to the titles of people I invest with. Would love for someone to shed some li...
Jack Perfett
Oil Run Furnace Operation Costs
Hello BP! I have recently purchased a property in PA that has an oil run furnace. I am trying to get an accurate understanding of how much this system is going to cost to run. From my research I am finding wildly diff...
Rachel Logan
Commercial NNN Lease Operating Expenses
Hi guys! I just purchased my first property in July so I'm a brand new commercial landlord. I have one committed tenant (out of a potential 2) and I'm just trying to figure out the best way to pass through operating e...