Aziz Usmanov
Partnership Agreement vs Limited partnership
Hello fellow investors, me and another investor own adjacent land in Minnesota town. We agreed to build a 50plex on it. My partner is willing to make 95% towards downpayment and I will make 5%. So, Partner A - 95%, pa...
Jason Noah Choi
What business entity does Trump hold real estate in?
We've had the age-old debate on whether it is better to hold your real estate in an LLC or just under your name. With the debate coming up, I had a shower thought of how he holds his real estate. Trump, itself, is def...
Michelle R.
What credit checks do you run on prospective commercial tenant?
I self manage a few properties and am coming upon leasing up two units. One is 45,000 square feet, the other 2500.I am looking for input as to whether you run: -personal credit report-business credit report-request ta...
Account Closed
1st Deal Dilemma
Hi BP,I have found a solid deal on a 2 unit and wanted some advice on "creative" financing options. I can use my primary residence home equity loan for the down payment & can finance with a Commercial loan but it'...
Brett Grabowski
Taking Title in a Different Name
I own multiple LLCs. Can I sell property in the name of one LLC and buy and take title in the name of another LLC? They are all single entity.
Armand Farr
2 properties with different equity splits in 2 llc
Just went through a nightmare where we had 3 properties and 3 partnership agreements to file our taxes on because they were in separate entities.
We wanted to consolidate them in 1 LLC for simplicity - the problem is...
Manuel Torreira
Hard Money Loan Less than $50k
I currently have a $55,000 condo under contract (1bed/1 bath, 754 sq. ft) that was initially priced at $65,000. It will require about 3-5k in renovations and the ARV will be about $80,000. However, since a single enti...
Damien Ray
I feel like I hit a glass ceiling.
If your reading this.....and have any advice please feel free.
I am not sure what I am doing wrong or not doing at all. But there is no single entity that can tell me. So far my wife and I have accumulated 5 prope...
Amir Saeed
Secure Method of Payment
When rehabbing a property we occasionally pay using company's check. In a recent instance we needed some work done and we chose a single entity who can perform this work. He required us to pay some deposit for work c...
Griffin Buell
Equity Partnership Structure
Hey all,
New here -- a friend and I are looking to start flipping houses in our area (Pioneer Valley, MA). She has money and I have remodeling skills. I've been analyzing properties with the calculator, reading The B...