Casey Spivey
My Business Plan and Ideas. Feedback Encouraged!
For 2012 I have decided to move from investing on my own to building a full time investment company. My vision is to have six separate departments that will each be headed by a separate person. The divisions would be:...
Joe Thein
Rent/Sublet property to LLC for liability protection
I live in NJ with a property that I want to rent out that is mortgaged in my name. I understand that deeding my property to a LLC can trigger a due on sale clause on my mortgage. Question, can I rent/sublet my propert...
Brian Knox
Am I doing this small business thing right?
If I simply want to manage a few properties for my dad (collect rent, do small projects, coordinate repairs), do I need to have a license for that?Can I just establish a small business (sole proprietorship) and file a...
Dan Bardar
STR in new jersey shore towns
Was thinking of going into STR's somewhere along the jersey shore town. Thought it might be smarter to offer services to someone to run their portfolio or at least help out first to learn the roles and business? Does ...
Account Closed
Profit Sharing of GP
What % of GP profits are typically shared with someone who raises 95% of the deal equity?
Let's say total equity raise is $1.7MM and the LP's are not guarantors in the value add deal. The person will assist in some p...
Mary Morris
Nevada rental agreements and disclosures
Hi, can anyone tell me where I can get NV rental contracts and disclosures? I am under contract on my first investment duplex in NV but a resident and licensed agent in CA. I am hoping to do my own property manageme...
LaMiracle Schaefer
Can I use my LLC as the Landlord for a property personally held?
Hello BP Community,
I am in the process of filing my LLC. I currently have a property that is financed personally. I do not want to transfer ownership to avoid the bank possibly initiating the due on sale clause. Ho...
Shalini Dawar
Property management Company by owner
Do i need any license if I start my own property management company in New Jersey to manage my investment properties?
Craig S.
Outsource Property Management 40+ Units Multifamily
We currently own around 40 multifamily units in Northeast Ohio. They range from a few duplexes, to a few 6-plexes, to a 12 unit apartment. They are all within 1-2 minutes of each-other (walkable distance), and we are ...
Luke Carl
LLC for my Vacation Rental
So I think it's best I start an LLC for my vacation rental. It's doing much better than expected and I want to protect myself. I have no idea how this works. In fact I heard on a podcast where a guy started an LLC aft...