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Results (751)
Chris Gavre How did you fill your mobile home park?
1 December 2020 | 4 replies

Hi guys. I’ve recently closed on my first mobile home park in South Carolina. I’ve had it about 2 weeks and am looking to strictly rent out the lots. However, as expected, the demand for this is much less as people ha...

Morgan Gruelle how do you track expenses you pay cash for?
1 November 2019 | 38 replies

I am wondering how I can account for cash expenses. I have a rental property that I did not have time to paint so I paid a friend cash to paint the rooms over the coarse of a few days. I am wondering how can I track t...

Taz Patel Tenants want to sue me over security deposit
1 May 2017 | 31 replies

My tenants have moved out in March 2017.I meet them at the property during move out inspection and we found damages but have no written report. Tenant had subleased the apartment to someone else (found out in the last...

Marc C. The NEW Dodd-Frank-exempt Lease Option Concept
19 December 2015 | 13 replies

The NEW lease-option design...As I understand it, one of the requirements of the new Consumer Finance Protection Bureau, birthed from the Dodd-Frank legislation, is that ANY lender in an installment sale has to verify...

Eli C. When does forming a multimember LLC count as a security transaction
1 April 2013 | 33 replies

I am looking at forming a multi-member LLC with some other investors. I would be the managing partner. My concern is that this may be considered a securities transaction.

- There would be less then 35 members. Probab...

Matthew Holtry What is the Happy Path for a Private Money lending Transaction?
16 February 2019 | 26 replies

BP Community,I recently did my first private money deal (as a lender). The borrower is someone I know personally, and we intend to do additional deals together in the future. We stumbled through this first one togethe...

Derrick S. Why would I ever become a HML?
25 March 2016 | 28 replies

I know that HML is a lose term, but I'd define it as loaning money for interest plus points once a deal has been verified. It seems like I could make a lot more as a professional JV, partnering in the profits 50/50 an...

Allen L. LLC owning other LLCs bank account best practice
14 July 2021 | 31 replies

Hi all, I was reading a book by Rich Dad Advisor Garrett Sutton and he mentioned opening a Wyoming LLC to hold LLCs operating in other states with weaker LLC protection. I wonder if anyone have done this? 
My main qu...