I found this page through a simple google search of "how to leverage a paid off home". The first result was a thread from this site and I was floored at the amount of information I learned! I decided to sign up and ha...
I am making an offer on a property with my real estate flipper friend and think we should have an agreement written up stating the percentage of capital being put in and percentage of profits and what not. Just a qui...
Looking to partner up on an 8 unit deal in Texas. Except there’s one issue, I have no idea how to form a partnership of anything like that. I’m guessing there are plenty on people on here that don’t know as well, whic...
I have a question? Do I have to have a business executive summary for the lender if it is part of the list of documents to submit? And does that mean I have to have a business plan and be a legal entity to submit...
I have the contract on a MH Park. I was approached by an investor who wants to form an entity with me. Limited Partnership. He is bringing lender and money to the table both of which I do not have. How do I do this de...
I have an LLC that my partner and I used to purchase, flip, and sell a home in 2019. That is the only thing we done with the LLC.He is willing to leave, and I then want to add my wife.There is no capitol or equity in...
Any advice on creating an LLC while house hacking? Any reason why I should or shouldn’t?
hello all,Being proactive, I am wondering about what we actually need when creating LLC to hold properties. Whenever I go on many LLC forming website, they offer many things like operating agreement, seals, etc.Questi...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Oklahoma City.
Purchase price: $209,218
Cash invested: $37,298
This is one of 5 duplexes purchased from a seller looking t...
Just got my first 4 unit with tenants still in lease. They currently drop the rent checks in a drop box.
Any idea of how to switch this to an automatic payment instead, even though it is not mentioned in the leases.A...