Hello BP community,

Legal concern for your consideration...

Acquired a short term hold property in fall 2012. Our attorney filed our Operating Agreement in Jan 2013. Going to close next week, buyers side wants c...

I am creating my LLC and working on my operating agreement. Never done this before... what do I put for the 'valuation'?  We currently don't own any rental property, although have an offer in on one... but we really d...

The market is frothy and cap rates have compressed. I am looking at the prices that large multifamily owners are paying and it makes me scratch my head a little bit. Buying at a five or six cap without much room for a...

Hello BP'ers,I am looking into investing out of state, specifically in Memphis and maybe Dallas. Has anyone had much success in this market? If so, what price points. I am looking into using one or a few of the turnke...

Hi All - after 4 properties under contract, it's looking very promising that my fifth will finally close, and be my first property! The closing date is early December (subject to change during renegotiation). There ar...

Hey all!So heres a little update on my property-- Its now fully occupied!  Only took 4.5 months, but not once did I have to pay out of pocket to own that property.  But now that its full Ive run into a problem-- Laund...

Hello BP,

My wife and I are flipping our first house. The house is in the name is a LLC. The buyer mortgage company is requesting us to provide them the operating agreement of the LLC. I can understand if this requ...

I have a residential real estate LLC with three properties. Someone is going to buy out my current partner and become my new partner. I am making list to designate each of our responsibilities. I am also working with ...

Hello BP,
A buddy of mine presented me with an opportunity for my company to partner with his on multiple out of state deals. He has a partner, and I have two partners. Before we start down this road, I want to manag...

Hi, does anyone have any recommendations for verbiage that should be included in an LLC operating agreement (OA) in relation to multiple business partners owning a commercial building.   I was wondering if anyone can ...