Angela Meraklis-Lyons
Split between Partners
I have a partner who is going to be financing the whole deal. We haven't discussed the split. Can anyone give me an idea of a typical split between a partnership like this? I will be doing all the legwork, working wit...
Mike Kinder
Investor Partners: Skin or Profit
Please elaborate for me, the partner relationship of Builder and Private Money Investor, that is so elusive. ? One deal in particular: I had the opportunity of working 50/50 on net profits, with a private money inves...
Soh Tanaka
Selling/Buying a House Under LLC Using 1031
Hello All,I am considering selling a property that is owned by LLC (IL LLC), and buy another one in another state. The problem is, I don't want that particular LLC to buy a property in another state. But my understand...
Matt Faix
Basics of a commercial deal
We recently found someone looking to sell a mid-sized commercial property. To-date we've only done smaller deals (duplexes/triplexes), and have self funded everything with bank financing. This is a much larger deal, a...
Fran OBrien
Forming an LLC with foreign partners and capital in Florida
I will be bringing in capital from outside the US and will be using this money to form an LLC in Florida to buy, flip and rent/sell the properties. The LLC will be setup under 3 partners (1 US citizen, and 2 foreign i...
Paul C Willman
New investor alert, seeking guidance
I am looking to make a plan of attack here, I have some money to start with, nothing insane, but I want to purchase 5 multifamily homes in the next 3-5 years. I currently have no real estate investments. I live in NY ...
Brent Pearman
Tax Classification and New LLC in Downstate Illinois
Good Morning,I am currently setting up an LLC as the designated manager (COO). The other members and I have a significant amount of personal assets we want to protect, hence the LLC. The main focus of the business i...
Jorge Abreu
READY, SET, INVEST! Let's Go!
You are ready to invest, but where do you start? And once you do, what can you expect?
FINDING A SPONSOR
Arguably, the most important tenet of passively investing in multifamily real estate is establishing a high...
Malikah Planas
Putting a Property in an LLC?
Hi, what is the benefit of listing a property with the LLC, for example, I saw a home on Zillow that was purchased by someone using the street name ex: 2345 Anywhere Dr. LLC I also saw the business was formed when the...
Aaron Gaffney
Rubber meets the road!!
Thrilled beyond words! I wanted to flip houses since graduating from university in 2011, both to pay off my loans quickly and because I love to use my creativity to build better places. But I didn’t really understand ...