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Results (70)
Jerry LoCoco Limited Partnership Agreement
10 August 2013 | 3 replies

Hello BP Community!

I have an investor who wants to act as a limited partner (in this case his LLC will provide 100% of the equity, he will get 50% of the profits along with 80-100% of any losses, and he will not tak...

Oren K. Tax Considerations for Canadians
20 August 2024 | 9 replies

Tax structure considerations for Canadians and US foreigners in general can be quite confusing. On the one hand, the mentor courses / boot camps / common advice (including many here on BP) is to just set up an LLC but...

Karen Margrave Rentals in 55+ Subdivisions -
16 January 2020 | 1 reply

As most of us know, seniors are one of the fastest growing demographics in real estate. Are any of you investing in homes to be used as rentals in communities that are 55+ ? I'm referring to subdivisions or developmen...

Account Closed auction sites...
16 October 2013 | 3 replies

I've had some success recently buying foreclosures at the steps and online through hud and auction.com, but I'm curious of any other auction houses yall know of out there that the banks are using. I found genesis acq...

Jon Finister Finding Property Owner
2 June 2016 | 4 replies

I am working with my sister to find out the owner of a vacant house. She has tracked down the owner of the property, which we believe is now deceased. The legal entity that owns it is a trust, whose address is based o...

Al Myers Loan on Real Estate
24 November 2019 | 1 reply

Hello,I'm lending a long time friend money on a house that we are going to flip. I've flipped in the past but not lately. I've flipped and I own a few properties, but I've never lent money. Its not going to be a ton o...

Edward Ramos partnership agreement with my son
26 May 2016 | 1 reply

My wife and I are helping our son buy a condo he will be living in.  We are supplying the down payment and closing costs and he will be making all of the monthly payments.  He will be the only one on the loan but we w...

Petra M. [CA] Seller wants terms changed right before close?
24 April 2017 | 6 replies

Purchasing a $1MM vacation condo and the Seller noticed that we're splitting the hefty $15,000 HOA Transfer Tax 50:50.  He wants us to pay for all of it.  He just caught this right before the loan docs are being drawn...

Debbie Richards What to do - business partner can't qualify for Life Insurance
12 January 2022 | 5 replies

What other strategies are there when your business partner can't qualify for life Insurance? We have an operating agreement and a buy and sell doc. This is a new partnership and not much equity in our 2 properties to ...

Gary Dezoysa Old Seller Scam! What happened here?
10 December 2012 | 5 replies

These are the details given to me by a friend of a scam that happened to his friend (not recently):

- Friend of my friend buys a house from an 82 year old lady. There were terms but I don't know what they were other ...