William Durel
REI Business Tools - Spreadsheets / Prop-Managers
Recently a friend of mine (another BP member) and I have decided to partner on a new REI venture in the Midwest. We both have REI experience on our own but we're going to work together to scale at a quicker pace. We w...
Brian G.
Systems to Scale VR Biz
What systems do you use for pricing, guest management, property management, accounting, organizing documents, etc? I’m currently using Beyond Pricing, Your Porter and Excel. I’m planning to scale and revisiting all my...
Steven Gilbert
Partnership Agreement: Pro-Rata GP Equity for Capital Raising
The general partnership has 500k left to raise (Approx 50% remaining) in a 506 (c) fund. There are three GP's, the capital partner, the operator, and the fundraiser... 30% equity stake in the GP is reserved for raisin...
Eric Mun
2 person LLC - who signs docs at COE?
Do both managers (50%/50%) need to sign docs when selling? Right now the title company is saying only one of us needs to.FYI, we both had to sign when purchasing the subject property.Any advice is much appreciated!!
Vivek Mishra
Buying a (month to month) tenented property
I am close to buying a property that has a tenant currently living on a month to month lease in NC.What are the documents that I should ask from the management company about the renter that are within my rights to ch...
Mike Stafford
Selling a newly constructed vacation rental
Can you sell a property owned less the 1 year and 1031 the money into a new property?
Fabian Escobar
Real estate investing company structure
We have been doing our homework, educating ourselves by reading books and watching educational videos online about how to better structure a company/ies for real estate investing. How about a management company to han...
Yuri Chernousko
Closing documents - sharing with 3rd parties
I recently finished a small cash deal and received my closing documents including the HUD statement and the warranty deed. I am talking to a property manager and a utilities company, and both want to see the HUD d...
Marc Mason
Consent to Sell Form - what is it and can I create it?
I am selling a property that was purchased in my LLC and the Title company is asking me for a "Consent to Sell Document". We set up the LLC for the purpose of buying and selling properties so this should not be a com...
Kelvin Lee
Drug activities in my property
I was recently informed that there was drug activities in one of the units. Also there have been vandalism and coin operated laundry got broken into that possibly related to the same tenant. However, the other tenants...