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Looking to form a partnership with another newbie investor in my area. This is going to be our first deal together. I am wondering what are the best ways to, legally speaking, to "formalize" so to speak the business r...
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Hi there, I currently own two single family rental properties and was recently approached about purchasing a 5-unit building in the same town. The listing notes state that only commercial loans can be used. I have z...
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I have been Offered the opportunity to buy a MHP. How do I determine if the asking price is too high? The city tax data has the property appraised at $220k. None of the MH's are owned by the seller. They just collect ...
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Has anyone been noticing that Walgreens, Dollar General, Walmart Neighborhood Markets, and Long Horns are selling their buildings? They still have leases on the buildings but are selling them. Is this normal for compa...
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I have a new associate who has been in REI for 20+ years, and recently sold 300 units. He has syndicated a few deals and is creating a new one to build 40 units in Tampa FL. I see benefits but I'm trying to understand...
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Seeking RE Attorney advice. My mom is selling her condo and recently lost her buyers because they qualified for FHA and near closing, the HOA lost their FHA certification (currently under appeal). They also revealed...
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Hello all,I hope you are doing well and you are having a good weekend!I met a few friends at a Real Estate event and we have been talking about the process of getting a deal in a join venture, but we are confused on h...
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Hello,
My name is Juliet and this is my first time on the discussion board. I have a property I am renting and I have been advised by my accountant to place this property in an LLC. I have a mortgage on this property...
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On another post which we kind of derailed, we got into discussing creative financing techniques and clauses some of us use in notes secured by real estate. You can read more about it here:
Original "Motivatio...
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What is the best way to set up a partnership to protect each other. The situation: brother and I want to buy homes together. Just starting out. Buying s single family house package. I want to make sure his family and ...