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Hello BP family,I'm pursuing a deal and have never used a partner before. He is bringing the cash and I found the deal. We will split 50/50 on cashflow and proceeds when we sell. This is a seller financing deal. W...
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Hello,I am a beginner investor, recently closed on my first wholesale deal. Now that I am starting to generate income from real estate, I want to know what would be the best way to structure my business. I am located ...
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What do you do to verify projected rental rates provided in a proforma by a turnkey provider?
I'm a new investor and am looking very seriously at a property with a turnkey company that comes highly recommended. The p...
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Hi, Everyone,I am a buyer of one residential townhouse. My buyer's agent told that the property was used to be in a living trust and then its heir got the property. The heir hasn't live in the property before, they di...
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Looking for people in the know (lot's of bad info on forums and blogs). The threat:-Lawsuits-Natural disasters, etc.The portfolio and what I'm doing now:-I have a few single family homes as rentals. -The rentals are l...
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I sold a house owned in a land trust. My LLC is the beneficiary and I am the trustee. The proceeds check is written to the 123 Main Street Trust. The trust does not have an EIN or bank account. I am having trouble...
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is it important to set up a trust when starting an llc? its a multimember llc,
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Hi everyone,
I’m a fairly new member to BP so I thought I should take advantage of the community and get some advice.
I currently have 5 doors in Cornwall, Ontario that I manage myself. I plan on moving to Toronto...
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HelloNeed some help am getting a hard money loan for a Reno on a duplex for 60k. I have signed the promissory note, but i am not sure about what kinda of deed i need for the loan. Is it a deed of trust or something el...
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We currently have IRA Services Trust and it's been working on the very passive deals, although I find them slow to respond. I don't see them being a fit for a more active investor (could be wrong). I am considering ...