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Hello BP,I am raising money for a multi-family deal and I am wanting to get some close family members involved such as my grandfather and dad. The syndication will more than likely consist of 10 investors. I have hear...
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I'm investigating if I qualify as a RE Professional for the IRS. I'm retired with no W2 income. Primary income is from real estate, investments, pensions and IRA. We currently own 38 units held in LLCs and privatel...
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This site is really cool. I just found out about it and it looks like the best site for networking.
Well I'm Luke Ryster and looking forward to chatting with everyone here.
I've done some residential, looking at so...
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So I am a real estate investor just starting out. I have a potential property, the seller is motivated and verified there aren’t any back taxes, and the home is owned by him, no banks involved. But he lets me know the...
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What law enforcement agency should be contacted in the event of theft from property management company? For instance, if the property manager deliberately withholds funds because they want to, would it be a matter f...
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A servicer sent us a white paper from an attorney warning about new requirements for junior lien holders in OH. We don't own any notes in OH and I have no idea about this new law or the attorney's take on it but thoug...
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Hey everyone! My name's Jim and I've started reading up on getting involved in REI. From everything I've read I think I'll probably start with wholesaling single-family houses. I'm interested in getting with some more...
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The role of the silent partner is primarily providing capital for funding a deal. Does the silent partner have any other rights in the deal? For example, if the deal is experiencing "challenges" (i.e. management, fi...
An acquaintance of mine owns a single-family home that he walked away from 17 months ago. He stopped making mortgage payments and moved into a different home (a rental). Two months ago the mortgage company finally st...
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Hi, I'm looking for advice on how to best manage a package portfolio of 76 apartments spread among 20 small multi-unit buildings in the same area. Total gross rent would be around $700k/year. We may increase our por...