Eric Hipolito
Creating LLCs, structuring growth and/or hiring outside companies
I have my first rental property under my name and I know I need to transfer it to an LLC asap. But now, I've fallen into the rabbit hole of creating LLC's, structuring investment portfolios, protecting assets (holding...
Hien T Pham
My apartment was set on fire
Hello everyone,
I managed a small apartment complex in California.
Tenant set fire to a 1-bedroom apartment. He is now in custody for arson charge.
The fire was started in the bedroom which was most damaged. Dry...
Chris Miller
City forcing pricy underground electrical ADU build
Hi All! I’m currently building 2 detached ADU’s in the city of Santa Monica,CA on a current 4plex. We are mid build and the city is telling me that we need to run underground electrical from the street. This would...
Josiah Santillana
code violations
Hi I'm trying to start up investing and find my first deal. I was taught to find properties with code violations and market to them because they may be motivated to sell and so I was able to get a list of properties w...
Joseph Vaughn
[Calc Review] Help me analyze this deal
Hey BP family!I'm running my initial analysis on an investment opportunity in Athens. I want to put in an offer to tie the property up so I can do my homework (approve sellers books, records, leases, property manageme...
Anders Jax
Is this waterfall structure a non-starter for an LP?
LP gets first 7% of returns as pref-From 7-12% split is 50/50 LP/GP-From 12-17% split is 25/75 in GP favor-From 17%+ split is 10/90 in GP favorThat means that if the investment did 30% irr pre-distribution that the LP...
Mailee Y.
Looking for a LLC Attorney in California
Hello,My husband and I purchased a 21 unit Motel last year. We are from a small town in Northern California and because of this, we wanted privacy and anonymity. After doing lots of research, it sounds like we knew wh...
Rodney Johnson
Hard time trying to find comparable's on a unique property
Hello bigger pocket family! I’m a new investor and have followed BP for over 2 in the shadows and finally decided to join the party in November. BP has been very instrumental in my education towards becoming a RE inve...
Lamar Cannon
Forming LLC / Partnership with Rehabbers
Instead of becoming an HML, I'm looking for innovative ways to lend money or finance flips and other real estate projects. After reading a couple posts on the topic, my wheels are turning. Forming a Series LLC or an...
Francesco Barbati
Seller financing 101
Hello everybody!I am interested in buying 2 properties, both FSBO and I'd most definitely need to use seller financing for one of them if not both. Both property are townhouses in community with HOW fee. My questions...