Carter Wallace
Co-owning/Developing land as a shared LLC?
Hello BP Community,I'm in discussions with a friend to co-own land as an LLC, and each build a home on it. I have a few front of mind questions, but would appreciate any comments relative to blind spots I might have....
Daniel Devin Jewell
How to determine profit sharing with a partner?
How do you determine the profit share percentage?The situation that I'm in right now is strictly on money.If the purchase price is 100 k and the rehab budget is 50K and I'm covering the rehab budget I'm only getting 3...
Marty Martin
Share peer-to-peer financing strategies you use?
I have a lead through someone I know of a group of retired professionals with money to lend, although they, nor myself, have any formal idea of what to do.Can you good folks share how you've set up promissory notes, o...
Roushel Asuncion
Can someone please share their JV Agreement Contract?
Hi Biggerpockets,
Can anyone share a JV agreement/ contract they have used before?
I am partnering with another investor on a fix and flip in FL where he finds the property, oversees the rehab and I will fund the d...
John Matarazzo
Taxes for a newbie (please share exp/advice)
Hey all,I just closed on my first property (duplex) a couple of weeks ago. I plan on doing most things myself, management, bookkeeping, etc. However, was thinking to get an accountant for the first year doing taxes. I...
Billie Chen
Share your experience on choosing single family home!
Hello,TIA if you can help me here. I’m deciding between two SFH. One is in good condition. Nothing needs to be done. Its valued at $170k. The second one is 20 years older and needs about $15k of work and not to mentio...
Chris Luksha
New Laws Upend Property Privacy Rights - article share
Here is a great article sent out today by Garret Sutton. It's a quick read. I hope it helps some of you out there.New Laws Upend Property Privacy RightsYou can’t do a criminal background check on a tenant!You must re...
James Wierzba
How to share ownership of a rental property?
TL;DR -- how transfer 50% ownership of my rental properties to my brother? The properties are financed by me and are Fannie May loans.
I'm trying to figure out how I can have me and my brother on the title as 50% own...
Tim Garcia
My Responsibilities For Shared Sewer Line in Seattle
I have a rental property in Seattle. My property is up hill of my neighbor and our title states that the cost of the repairs to the sewer line are shared for the shared section of pipe that leads to the city sewer...
Chris Fox
Renters Pooling Together to Buy Share of Property
Hello,I live in the Bay Area and rent with 5 other tenants. The property is owned by a family with three siblings each with an equal 1/3 share. One of the brothers wants to sell his share. We (tenants) have begun disc...