Yinan Q.
Two LLCs own one property?
My partner and i are planning to buy a property. We each have our own LLCs. I am wondering if we can fund the property with our LLCs 50:50? In other words, can a property be owned by two LLCs? This way we don't have ...
Nick Rutkowski
Are you familiar with how Agents get paid?
I’m going to explain to everyone the payment structure of a Real Estate Agent. I sense there is a disconnection between investors and agents because both parties do not understand each other as well as they should. In...
Max Yuan
Too many off-market leads for me to actually execute on
I think we can agree finding good quality off-market leads is not easy. Even with PropStream and PropertyRadar, I'm usually not the first to reach out upon seeing the lead. As a result, I actually created my own frank...
Ralph Galdorisi
Deferred Sales Trusts 1031 exchange
Sold properties looking to buy using 1031 clock ticking! I have heard if the well publicized Delaware statutory trust (don't love it but better than paying taxes).I was introduced to a less heard or Deferred Sale trus...
Account Closed
Spec deal structure
How do these numbers look on a spec deal? Enough return to justify the risk in your opinion?Lot: $325,000Construction costs: $450,000Financing costs: $35,000 (est.)Closing & commissions: $40,000 (est.)BREAKEVEN: ...
Justin Currie
JV Partnership percentage ratio
Hello BP, My partners and I are looking at putting an offer in on a property to rent out on Airbnb in a resort town here in Canada. I would be obtaining the mortgage in my name and assuming all of the risk, my partner...
Leah Klint
Long Term Hold Syndication Sponsor
I have done a few normal syndications deals. And now the properties are all fixed up and cash flowing and the sponsors are starting to sell in the 3-5 yr window. Now with cap rate compression, it is difficult to find ...
Bill Gulley
FIXING DODD-FRANK/SELLER FINANCING
I'd like to get ideas from BP members on the topic of seller financing under the new laws.
Not looking for smart comments from several we already know don't like the changes but here's the fact:
It's th...
David Sims
Private Lending vs Buy & Hold
For the past few years I have been lending my money on SFR fix and flips and getting a 12% cash on cash return. Recently I've been looking at the tax benefits, potential appreciation, and CAP rates on a multi family o...
Rich Somers
I have a 5 unit under contract and have inspection questions!
So I currently have a 5 unit Multi family under contract in Louisville, Ky with a 21 day inspection contingency period. The building is over 100 years old, seems to have somewhat updated plumbing & electrical and...