I have my short-term rental on Airbnb and also have a direct booking website. Currently, the direct booking site is very basic and does not allow for online payments (yet). I have two upcoming direct bookings in Sept...
I started wholesaling this year under an LLC. I've been setting aside a percentage of my wholesale checks specifically for tax purposes. I'm also a w-2 earner, being employed by the US Military, which makes me a part-...
I am raising money for a fairly large project and looking to structure payouts with investors. It is mostly buy and hold with a little work to be done. We agreed on a preferred return of 7% and a revenue share between...
Hey Everyone, I have a question that I do not have an answer to. I am currently working with a wholesaler that finds me great properties, better than any other wholesaler i know. They are great multi-family properties...
Hello BP Community,
I have two rental properties that my insurace provider Allstate will only do ACV policies on. I am told this is because they were built prior to 1941. Replacement policies are easy enough to under...
I own a 2-fam property in Brighton, MA that has some extra land that can be developed. Both units are rented and cash flowing. I'm going to be working with a developer I know who has a lot of experience to go through ...
Assume they are a licensed broker/dealer.
What are some standard deal structures for bringing LPs to us and over what time frame are they paid out? Any economic downturn clauses?
Also curious if anyone has given GP...
Can the proceeds from a land sale owned by an LLC with multiple owners be different than the ownership percentages? For example if one person owns 25% under what conditions could this person be given 30% of the sale...
I have a partner who is putting up all the cash...I am finding, managing and selling the properties...what is the standard percentage for each partner in this case...I was thinking 60 for him and 40 for me....is this ...
Hi! I have someone that I am looking to work out a partnership with, their main role is to make calls, I trust this person and they are not just a VA that's just banging out calls but more so someone that understands ...