I currently live in Southern California. My brother lives in Oklahoma, where we grew up. We have agreed to start a partnership where I will handle the marketing and find the deals there in NE Oklahoma while he physica...
My partner and I just closed on our first property (a duplex). We are now looking into what type of entity we should create.
We would like to create an LLC to hold the property, but the fees on a multi-member LLC in...
Myself along with my two brothers have begun to acquire properties. I have purchased one house by myself, and my brothers have purchased one together. We have not created an LLC and are planning to purchase a pro...
Hi,I was hoping for some insight into structuring a deal for a fix an flip. The total cost to acquire and rehab the property will be about 250K. I have an investor willing to put up 125K and I am looking to put up t...
How are most JV deals structured with other investors or HMLs? I talked to a HML about a JV deal in my area and his terms for the structure are.......
-Set up the property in a LLC
-He has 51% ownership rights in th...
I am Purchasing a 6 plex and am Financing 80% with money from a refinance on my personal home (3.5%) and cash for the remainder. My Partner is young and energetic and found the property and would manage and maintain...
Hi BP,I recently went under contract for a quad and secured a pretty fair deal from the retiring owner. Everything was going smoothly until the inspection revealed some potential structural issues. Upon further insp...
Any comments:
An real estate attorney wants to sell me on several land trusts which will hold long term holdings in an LLC. This strategy is to be used for estate planning, privacy, lawsuit protection and eas...
Hello BP,
Mocellie here.I have a guy looking to sell (2) properties,we've agreed on a price.My question is,would it be find to put both properties on one contract.
Thanks BP,
I own a contracting business but recently got my RE brokers license and it is my goal to operate a company that flips, buy and holds, and manages properties. My question is whether it is better to structure the busin...