Four individuals and I are considering pooling our funds to acquire a multi-unit property. I'm trying to determine how to structure the deal to protect each individual owner's interests, minimize liability exposure, ...
I recently purchased a condo within a house that was just converted into a 4 unit condo building in California. The first year's property taxes are not split individually for each condo unit, the building receives on...
I’m an out of state investor (NJ) interested in the Midland and Saginaw markets. I’d love to get some recommendations on local realtors and PM’s that service the areas. I’m looking to buy n hold and probably start w...
Dear BPersI am considering to partner up with a friend on purchasing real estate properties. In general, I have perfect credit, low DTI ratio, but very busy with my full-time job. He, on the other hand, is relatively ...
My dad and I are looking into buying a STR property in Florida. We both want it to use as personal vacation property when we go down, but I'm predominately interested in it for the active loss tax benefit. Given some ...
If I own properties in my LLC, should these properties show my LLC as the primary insured? Is there any reason these should be insured by my personal name?My lender is requiring that my evidence of insurance show my ...
I am a new investor who has just met two ‘bobs’ both wanting to invest 100k with me and I would like to make them a proposition to be partners the three of us into purchasing a Fourplex on a good side of town where re...
I have a potential deal where the sellers are deceased and the property is behind on property taxes. The daughter of the deceased parents still lives there and has no issue with me getting the property. I believe that...
Hey guys! I have been in contact with an out of state investor about partnering up on some flips...he would provide 100% of the capital and I would manage the projects. The idea would be to form an LLC for any given p...
Hi BP community,New investor looking for some help creatively structuring a partnership. I'm looking at making a purchase with a long time friend. We'd each contribute equal capital into the partnership, but our compe...