To the BP community - thanks for your help on this. Career transition time for me! Fun, exciting, and scary as hell. Recently connected with a large Mortgage operation, expanding like crazy. There is an opportunity to...
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Do I need a special operating agreement drafted for the purpose of holding a long-term rental in an LLC? Or is it sufficient to use an "off-the-shelf" version I can buy online?
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LLC operating agreement... How do I get that done? I have a property under contract right now and the title company needs the operating agreement for my LLC... Need some guidance on this.. much appreciated. Thanks.
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When I run a Rental Property report and it returns NOI. Is that NOI for the life of the 30 loan or 5 years are annual or what? In other words, what does the amount of NOI represent?
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Hey all!
I'm based in Nashville but looking for some recommendations of top Multi-Family Operators in the St. Louis area. Looking for teams that are owner/operators of large institutional Class A assets in the subur...
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One thing I'm currently struggling with is the order of operations.
1. Browse the market (MLS, Craigslist, Facebook marketplace) for potential properties, keep an eye and ear out for off-market (network)2. Pull aside...
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I'm considering setting up a LLC to invest in real estate with friends. I have a few questions around the operating agreement and will very much appreciate your insights.1. What are the conditions/clauses to leave the...
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Hi to all Bigger Pockets peeps.I am interested in getting a multifamily unit and in the process of analyzing deals. My question is ... during the initial analysis is the percentage of small multifamily (1-9 units) ope...
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Hi All,My two partners and I are in the process of creating a Partnership / Operating Agreement for our business (fix and Flip / Buy and Hold). What questions are an absolute MUST that we should be asking each other p...
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Does anyone have an example of a operating agreement for a real estate syndication deal they would be willing to share?