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...
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?
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.
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?
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...
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...
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...
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...
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...
Does anyone have an example of a operating agreement for a real estate syndication deal they would be willing to share?