My wife and I have just recently been in discussions with a GC in North Phoenix regarding a partnership opportunity on a fix-and-flip. It's a long story, but to quickly summarize my wife and I purchased the home and w...
We are planning to sell a partnership property. I own 50% stake in the partnership. Can I buy out my partners on a note payable just before signing a sale contract and disburse their share upon sale of the property? C...
I have a 50/50 LLC setup with a partner on a rehab. Operating agreement in place spelling out duties, financial responsibilities, and profit share as follows, Member 1 provide purchase money, pay holding costs and sup...
HiDoes anyone have a template contract for purchasing notes with investors in JV mode ?thanksDror
After reading the posted titled "Tired Landlords" I realized I don't know enough about Sub2. I was wondering if anyone can elaborate on it and explain the difference between Sub2's and L/O's. What paperwork is diffe...
My sister might buy a house I own. But she wants to check a few other properties. If she uses a real estate agent to check a few other properties, can I still do a 'For Sale by Owner' if she wants to purchase my pro...
Hello BiggerPockets! After a year of raising capital and taking in as much knowledge as I can, I have finally garnered the courage to begin the property search. Let it be known, I have no idea what I am doing and lear...
I haven’t pulled the trigger on a property yet, but I’m trying to get knowledge of situations prior to going in so I will know what to do when the issues arises.If I have a contractor working on my property, and his w...
Should I let my property manager know, I want to sell property?
I purchased a house 18 months ago and did an extensive rehab on the interior of the house but not the exterior. I recently listed the house for sale as my partner needs out of it before we could complete the exterior...