Advice would be appreciated. I am funding a partnership with an "Operating" partner. His LLC will be the "GP" general partner with my LLC as the limited partner. He is coming in with NO capital but as the operating/Pr...
Hello! This is more of a spreadsheet question than a real estate theory question, but I'm asking this group since anyone who has tried to make a P&L this way will have run into this problem! Problem: How do you in...
My in-laws are moving to the US from another country. They would rather not go through the paperwork hassle of purchasing another house here themselves; they would prefer that my husband and I purchase a house in our...
Can I calculate this each month just once a year? Is the income based on gross or net profit?
To everyone throughout the world!!!!!! I am in the primary stages of forming a international real estate group. I'm currently taking any and all suggestion on how to develop this group so please.. comments comments ...
Good afternoon. I'm seeking advice on how to best to split profits on joint ventures, given the following roles/abilities:Me: finance dealsPartner: rehab the propertiesWe both have the ability to find deals and sell ...
For 6 years, I've kept my thoughts to myself. Part of my still seeking affirmation about my "project", and part of me thinking: "Wow. What the %!#% are you doing...", maybe some things are best left silently unwritten...
I'm looking to purchase my first investment property. It probably about a $93k property. However the walls in the basement are bowed and previous offers fell through because it would pass inspection for financing.
...
Hello BP, I have a newbie question. I am interested in making an offer to a private seller on a property I would buy and hold. The seller is a burned out landlord who is looking to sell. Anyway, when presenting my off...
So I will be selling my house which I've lived in for 5 yrs here in Florida within the next 6 months. I should walk away with significant profit. My concern is that this profit will be taxed at my tax rate. Is this co...