I am investing with a builder to build SFH as spec homes and sell them. Traditionally I have sold the builder land and loaned him the money to buy the land and build the house with us splitting up the profits when it...
Hi fellow BP members,I'd appreciate opinions and suggestions from those members who have HOA experience similar to the following:Background: My wife and I own the bottom unit in a two-family home. Each unit has 50/5...
I have heard several strategies in the creative finance forum and one I'm interested in is private money. I understand the concept of partnerships and friends/family providing capital to purchase a deal. My question i...
Hello BiggerPockets Community! When it comes to determining the price to pay for a distressed property, how do you determine that? How do you know when you shouldn't pay more than the value for the land? How do you ge...
I'm in contract on a $400K house upstate NY - was prepared to spend $50K on cosmetic changes (painting, new floors, new kitchen, new bathrooms etc) but after getting the inspection report today here's all the issues ...
In my most recent potential deals I have uncovered what seems to be the basis of good seller motivation, ie.. family financial crisis requiring a quick cash sale of property, but I have been unable to convert that mot...
Hello commercial RE owners,I have a business tenant that signed a 5 yr lease a couple months ago. The business has few other locations and they decided to shut down one location (the one in my building) just 2 months ...
**Looking for advice/guidance before going to my CPA/Attorney and I know that’s not you.**I own two SFRs in my name. One is in MD and the other in FL where I’m a resident. I want to establish a LLC for asset protectio...
These seems to be a common unanswered topic. Here is my specific situation: I have about 20 years of successful investing experience in both flips and buy and hold. As a result, I have many friends/ family/ business...
How do people invest with each other? Do they use operating agreements, joint ownership, both? What type of professional do you use to officiate this? Just a lawyer? An agent? Both? How are these typically structured?...