Curtis Riley
Typical splits for investors
When bringing in private money investors to buy large MF complexes, what are typical splits for cash flow and equity at sale between managing member and non-managing members?
Lyle McCartee
Small Biz Administration
Greetings all,Wondering if any of you more established investors with an established LLC, or sole proprietor structure, utilized any of the resources from the Small Business Administration or SCORE. What was your expe...
Ryan Alexander
Best Way to Do an LLC Partnership
Hi everyone,My wife and I are purchasing our first self storage facility and are partnering with our friend and his wife. My wife and I currently have an LLC, but no purchases with it yet. What would be the best way t...
Greta Clav
DBA or LLC
Hi everyone. With my past rental properties I never created a DBA nor an LLC and thankfully everything worked out fine. Fast forward to today, I currently have 3 properties and I will be inheriting 10 additional ones ...
Caleb Christopher
Can I fund fam member's FHA 4plex purchase & share cash flow?
Poke holes in this:My 19yr old cousin wants to invest in real estate as do I. I already have a single family rental I am thinking of getting a HELOC on.I want to co-fund (willing to co-sign) the purchase of a 4plex fo...
Aaron W.
Entity for expanding portfolio?
Wife and I currently have three small multifamily homes (fourplexes) and are looking to expand our portfolio. We purchased the three properties with cash and are looking at creating an LLC to move the properties into....
Account Closed
Co-Investing in Real Estate
How do people invest with each other? Do they use operating agreements, joint ownership, both? What type of professional do you use to officiate this? Just a lawyer? An agent? Both? How are these typically structured?...
Pat Lintz
Florida Land Trusts
Hi, I'm new to real estate law but I think I have a pretty good idea of how Florida Land Trusts work. I just have a few things that I need to clear up and was hoping I could get some help with that here.1. I understan...
Mike Moran
SEP IRA - disregarded entity?
Good morning BP!I work full time and have a 401(k) through my employer. I also have an Roth IRA personally that I contribute to. However, I utilize a disregarded entity to own and manage several small apartment buil...
Robert Carney
Recommendations for a lawyer to set up our business structure
New investor here in the north east Florida area. Currently we have a property with a lease signed for November 1st and have just purchased our next BRRR property. I am looking for recommendations for a lawyer in Flor...