Hi BP- I currently have a multi-unit in Missouri that was purchased under an LLC. I have a two part question for the attorneys in the room.1) Our lender required that my mother be listed on the LLC Operating Agreement...
If one were to use the CAP RATE method for calculating the value of a commercial property, if all the leases are triple net rather than gross, would you simply divide the gross operating income by the CAP RATE? Am I ...
Ok so I have a current deal that I know I can buy for $47,900. It appraised for $103,000 last year, it is a foreclosure property (divorce). So after looking at those numbers it seems like it is a great deal. However I...
Hi everyone, I’m currently fairly in real estate and looking for my first investment deal for a house hack driving distance from nyc. Eventually I want to stack my rental properties. My question is how do I form an LL...
Can an SD 401K be used to establish an LLC with another non-disqualified individual? LLC would be funded say 40/60 for example purposes, between 401K trust and non-disqualified individual. Apportioned income, gain...
I recently formed a manager-managed LLC with my two children. The three of us are "managers." I will be the President and handle day-to-day operations, while the two of them will have specific roles.
Question: W...
Community before me and my partners get deeply involved in real estate wholesaling can I get advise on which states are illegal to do wholesaling.
Can someone really delve into cap rates, and NOI and how they’re related? I understand the concept but I feel like I’m overthinking it, and I was told by another investor that if you know the cap rate it can help anal...
I have been searching for a duplex for around 6 months to do an owner-occupy to begin Real Estate Investing. I have just found one that I'm interested in. It is a FSBO. I currently have had a realtor who has showed...
I'm at the point of closing a real estate transaction with 4 buyers forming an LLC to purchase, some apartments we are converting to sell as Condominiums. To be fair, I have eight people wanting to move forward, and...