Harpreet Singh
Self Directed IRA - LLC
My wife just opened a self directed IRA account with Quest Trust Company. She was told by the attorney that Quest won’t allow her to be the manager of LLC. Attorney said that most other custodians allow that. I got gr...
Dijana Tadic
Investment Opportunity in Property Flip
As a novice in the real estate investment field, I am embarking on my first property flip project. I have identified a promising property that has great potential for a successful flip. After thorough research and ini...
Eric Boshart
Private Money Lending Structure
Hi BP Community,I've been lending informally for the past couple of years to family and friends on fix-and-flip deals, and I am now looking to formalize it i order to raise further capital and grow a sizable book. Aft...
Tom Harvey
Formalizing a Business
I own 2 pieces of property outright and am working on closing on my 3rd investment property. At what point should I form an LLC or something similar to help protect my family and my future investments? Where do I star...
Jason Coleman
Structuring Partnerships for Flipping/Rental Business
What is the normal percentage for a managing partner in a Flipping/Rental business? Me and my partner currently flip and invest in rentals but I manage the business 100%. We work together on the rehab portion and spli...
Brian H.
Question about private money
Hey folks,I have a nice deal under contract right now. In order to conserve capital on my end I have a couple people that are interested in helping partially finance the down payment. These are not official lenders of...
Andrew B.
Need Advice on Offer - Pre-Foreclosure with Foundation Issues
Hello BP Brain-trust,I am looking for advice on a potential offer on a pre-foreclosure property. The property is listed and they need closing in about 12 days. Initially my wife and I were thinking of a live-in flip a...
Jennifer Ward
Can I salvage my first fix and flip?
I am in the process of selling my first fix and flip in Denver. This one has been a true learning experience in almost every aspect. I am at a crossroads with two big decisions that I need advise on...1) What price s...
Mike Bratsky
Apt Building Partnership
My friend is a real estate developer who has successfully bought, renovated and sold/rented out a few small apartment buildings in the area (I live in the Bay Area so there are plenty of 4-8 unit buildings). We are t...
Don Darnell
Does property qualify for 1031 Exchange ?
Hi, Own multiple California properties in two different beach resort areas. In 1999 built a home on one of the properties. It was not a vacation home, but was held for investment and depreciated it on day one. I also ...