Glenn Davis
Trouble with a partner
Hello Guys, So a old friend found out I was an investor in real estate and proposed a deal to go in 50/50 on a few properties. The plan was to buy an allotment of homes for long term. The money for the first home cam...
Jehon Bendokas
If I want to refi a commercial property, plan to what cap rate?
This is a serious look into my first commercial property.I'm running numbers for a commercial medical space for sale at .144 cap rate due to a full service lease being renewed annually. NOI is projected $72,140, askin...
Gaurav A.
Passive Co-GP|As an Individual or LLC| Recommendations & Reasons
Exploring to participate in real estate multifamily deal as a Passive Co-GP. Co-GP who would not have any voting rights or management decision authority. The Co-GP will only bring in capital to participate. Should th...
Janyl Ventura
Business Entity formation?
Hi all,
I’m working with 2 others to start buying properties to hold and rent out. I’m aware that having properties under an LLC is a smart move for liability protection, I’m just not sure which business entity forma...
Jacob Huston
SEC, Regulations, and other peoples money (OPM)
Hello all, newbie here with a question for any RE attorney or veteran of using OPM for purchasing real estate.
Suppose that I have a deal sitting on my desk but no money to fund it. I have a personal relationship wi...
Michael Jackman
Qualified Opportunity Zone question
There is an opportunity for a complete remodel to a commercial property with store front first floor and residential remaining floors. It is also located in an QOZ. I'm not familiar with the tax benefits, though I hav...
David Reardon
Real Estate Partners LLC Tax Return Questions
I have a 50/50 partner in an LLC and we are rehabbing a home with an upstairs and downstairs unit. We have been renting the garage to a guy for storage and have $1250 in income for 2019, and have put about $30,000 in...
Rusty Pollard
Raising Money for Syndication--Do They Need to be Part of the GP?
Hi BP Nation,My question is fairly simple. I am part of a team who is just getting things together for a project where we need to raise $2m for the land and an additional $5m for the equity portion on an apartment bui...
Lior Golan
Sending tax documents on an LLC incorporated 2 weeks before 2020
Hello Everyone,A few months ago I entered into the whole world of investing in Rentals and because I want to have more than just 2-3 properties in my portfolio in the next years, I decided to establish an LLC.I establ...
Pete Storseth
Newbies and gurus, doomed
Ok, so every thread I've seen about gurus mentioned I have actually heard of start with a new wantrepenueur asking "has anyone ever bought the mentorship or course from 'x' I have recently signed up for?"After a serie...