Which would you suggest doing and why?Forming an LLC with your partners for a specific property orDrafting a partnership agreement between the partners' individual LLC's on a specific propertyPro's and cons of each?
Hi,My 2 partners and I currently own a 5 unit building in Hudson County, NJ. I'm in the process of refinancing the property and I'm being told that now is the time to change the structure of the business from direct ...
I have raw land - 1.5 acres (commercial lot) in Houston, TX and I am considering what to build on it. I'm leaning towards storage units, however, I do not know much about this and will welcome suggestions on how to go...
Hi yall! Quick question this evening! I have a LLC with two business partners (married friends of mine). We were planning on going into business together so we created this LLC to do so, but then of course life happen...
Good Afternoon Fellow Investors,I am an up-and-coming wholesaler who would like to meet some wholesalers and learn about the nuances of how they do business. I operate Northeast of Atlanta (Gainesville area) and it's ...
I have a small 4 unit complex in the San Jose area with a laundry room that has 1 washer & 1 dryer. They currently are coin-operated. I'd like to look into switching to some kind of electronic payment system and...
FYI, I have been though tons of posts on OPM just looking for something a bit more specific.
I have been approached by an old friend wanting to invest in a SFR rehab.. (flip not hold) with him being a 100% financial ...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Birmingham.
Purchase price: $3,355,000
Cash invested: $240,000
104 unit purchased in West End, Birmingham, AL. 93% occupied...
Scenario: I currently own a SFH with two partners under an LLC.
If we are wanting to purchase another property this year, do we create a brand new LLC or do we put it under the same entity?
I assume we want to keep ...
I’ve listened to countless BP podcasts and am currently reading a few different real estate books. I am curious as to what the more experienced investors think is something very important to know, but is not discussed...