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When we formed our first company, about 10 years ago, we chose an LLC format and that has worked out fine. We carry umbrella liability on the LLC and each property is added to the policy as they are purchased.
Base...
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I have an opportunity to purchase a property from another investor with seller financing. Im new to investing and this would be my first seller financed purchase. Im looking for some guidance and suggestions on the be...
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We have a fairly large remodeling/home expansion project in Bay Area (northern california). It involves a garage conversion, building a new single car garage, and adding 600 sq ft to the living room. So in total we ar...
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Hello all,
I've read many articles and posts on biggerpockets about why one should/should not enter into a partnership, advantages/disadvantages, horrors, etc. Well, as a newbie with a thirst for investing, good cred...
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when structuring a joint venture what legal guideline do you follow to protect yourself? i.e. do both party's hire there own attorney to wright up contract and structure agreement?
If you are providing the ca...
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Hello All, I have a question on joint venture with my contractor. The contractor who I have worked with my previous projects has come up to me with a deal. The deal is with a commercial building which ha...
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What are some creative ways to structure an Owner Finance Deal? I came a cross a tired landlord that has a property he's willing to sell for 85k. 4 side brick detached 2 car garage on 3/4 acre corner lot. At that pric...
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I'm looking at new deals and I'd like to acquire one of them via seller financing(SF). Get SF from the owner wasn't the hard part, especially if they've had some sort of motivation. But the last time I took it to th...
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Hi BiggerPocketers,
As I proceed on my quest to setup my first Apartment syndication deal I have encountered some questions on how to structure the required business entities and thought what better place to ask thes...
I just watched Jerry Norton's new video and he's saying we have to change the structure of the way we wholesale or its illegal because of our intentions to sell it to a cash buyer. I'm new to this and trying to get my...