Cindy Shiblie
I have 3 newbie questions
Hi all, I'm a newbie to Bigger Pockets and have 3 questions that came out of the 90 day challenge webinar. Here they are:-How can I estimate reno costs if I don't have a clue on prices and I don't bring in a contracto...
Steve Johnson
Property management role within LLC
I’m trying to come up with a structure within an LLC where one member is paid regularly vs. having a percentage of ownership. I’d want this one member who is managing the property to get a % of the rents, but not hav...
Scott Pierro
Can an LLC be used to circumvent reserve requirements?
Hi, I'm currently operating 7 properties all financed through conventional loans without an LLC. I'm considering an LLC this year for the 20% tax bracket for pass throughs from the new tax law. I plan on moving my fin...
Michael M.
Lawsuit Statistic & Attorney Calculation
BP,
Two questions:
- Does anyone know of any statistics illustrating the percentage of landlords that actually get sued by their tenant?
- When filling out the APOD on a deal, at what percentage do you input for at...
Connie Dai
How to compensate personal guarantor in a syndication transaction
Would like to learn how a personal guarantor is compensated for taking the risk. Sponsor just purchased a land to build an apartment. Sponsor is in the process of set up an LLC with multiple members put in equity mone...
Sandy Uhlmann
Lending Using Multiple IRA Accounts
When combining funds with another IRA for an investment such as being a lender/co-lender for the purchase of property, do funds have to be distributed back to the IRA based on the percentage of money invested or can i...
SHAW ALI
Need Insight and Advice on this kind of Offer..is it a Scam
I am trying to sell a house. I am open to creative financing. I have come across this offer. It seems like some "guru" has preached this in a webinar as I have received same offer from different people.I would like to...
Kelly M.
Cash Out Refi Question
Hi Everyone! I’m finally almost done renovations on my three unit property and I have leases on all units. I want to do a cash out refi. My lender says they can do up to 70% LTV. I was just wondering how common 75% ...
Kai Kopsch
Charlotte NC Local Market Update for Spring 2023
Overall, the Charlotte-Concord-Gastonia real estate market is poised for growth in the coming years, offering opportunities for both buyers and sellers this spring of 2023.Looking ahead to March 2023, the Charlotte re...
Josef Bryan Gerster
STR Complex and Investor Split
Hello,I want to build a STR cabin complex and need to figure out the investor split. Does anybody know what the industry standard is? I have several interested parties who would like to invest but don't know if the sp...