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we will be equal partners all initially investing the same amount of money. I was thinking of going the GP route since we will all be managing the daily operations of the business in one way or another. but I woul...
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A 20 unit apartment is listed for sale as part of a apartment complex. Anyone had any experience or thoughts about this? Any pros and cons?
An LLC was created in VA solely to purchase, own, and manage a single commercial office building in 1999. Each member owns 50% of the LLC. If the members want to sell the building, are they better of selling the bui...
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I'm considering investing with a partner. Here's the plan:Since we each own our own single proprietor LLC (let's call them LLCDave and LLCJoe), we are planning on creating a new LLC (123 Main LLC) for the purchase of...
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Question is, since we will be utilizing BRRR, it would be ideal for us to purchase in our name I presume. Then if we have 2-3 properties under us, we can form an LLC? Feedback is much appreciated.Its about if the ho...
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Is it possible to 1031 a single family home into a syndication fund where I would be a limited partner in the LLC? (Think apartments, self storage, etc.)
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Hey I was wondering what people's thoughts were on flipping houses under one LLC. I know in rentals most people set up a separate LLC for each property to minimize liability, but for flipping houses, since it's so sho...
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A colleague and I are starting a business partnership to purchase and manage single family homes. And we need advice. I am creating a landlording/management partnership with a colleague that I trust. He is fair, hone...
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Does anyone know a lender in South Carolina willing to loan to an LLC that is less than a year old?
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Okay so we have this house that the owner wants to get rid of. The house is in disrepair, but he wants this to be a seller financing deal to send money to him every month as a mortgage payment. The house is manageable...