Will Barksdale
Ownership percentage vs. profit allocation percentage
BP,
I have an interesting question regarding ownership percentage vs. profit allocation percentage within an LLC.
I want to have an operating agreement where party A owns 60% of the LLC and party B owns 40%. Addi...
Patrick Oehm
App/Software for Property Managment
I'm looking for property management software/app combo to manage and accept payments for 3 properties. Right now all I use is an app called PropertyBuddy for Iphone and I love it. It's user friendly, allows you to ent...
Michael Fenwrick
Real Estate Development
Hello, I am gathering information to develop multifamily and mixed use properties. Who can tell me what professionals I will need to make this happen. Thank you
Jose Mas Perez
The legal line between rent by room and multifamily
Hello, my wife and I are looking at house hacking next year and have a question regarding the legal line between rent by room and multifamily.We live in Southern California where house hacking can be difficult to do i...
Account Closed
Investor Discrimination - Definition of Owner
By virtue of SUBTITLE 4. HOME IMPROVEMENT GUARANTY FUND Md. BUSINESS REGULATION Code Ann. § 8-405, (f) (2) (ii), "owners" who own more than three residences or dwelling places are denied access to make a claim agains...
Gary Freidman
Questions On Costs and Structure for LLCs
I just finished listening to the podcast with Scott SmithI am looking at forming an LLC and I had a couple of questions of everyone who has a ton more expereince than I do:1) How much does it typically cost to form an...
David Hare
Turning single family into duplex
Hi,
My wife and I are thinking of turning our existing single family home into a two unit to rent out. Its a rancher and we want to turn the basement into a unit and the upstairs into another one. My question is, do ...
Keith Allen
Placing a REI Company under a non-profit LLC
Hello All,Does anyone know the regulations of placing a real estate investment company under the umbrella of a non-profit LLC? I currently have a non-profit but to save some time and effort on reinventing the wheel, I...
Kevin Shuler
Hall County, GA - Lake Lanier STR
Hi,Looking to expand my STR portfolio (and have a lake house to use). Does anyone know the current regulations for Hall County, GA (and cities that fall inside the county) regarding STR (airbnb, vrbo, etc). I've been ...
Darrell Bratton
I am looking for a Real Estate Attorney in Maryland
I live in Maryland and have a Maryland LLC. I am looking to transfer my deed into the LLC and have contacted a lawyer about it. I am not sure if his costs are high so I would like to get a second or third opinion on t...