What business entity should I should I structure my fix and flip business and what are some tips I should should keep in mind so me and my partner are protected ?
Hello everyone,
I am representing a buyer who is going through a divorce and he is considering buying now, before the process of the divorce has begun.
Does a quitclaim deed protect him in any possible case?
Thanks!
Hey BP! Looking for tips or language to add to a lease (especially during covid) that better protects the landlord against tenants choosing not pay. Has anyone made revisions during this crisis that create greater...
Good Evening BP!I talked to my lawyer today to finally set up a LLC to add another layer of protection against liability. My concern now is, how difficult is it to obtain a loan from the bank under a LLC versus under ...
What are some tips for analyzing "rescue capital" investments as an LP? Assuming you did not invest originally.To clarify, I am coming across some opportunities where a sponsor is in the middle of the biz plan, their ...
My wife and I are in the process of closing on a multi-family in upstate NY (our first property) that we plan to owner-occupy. I know the strong advice is to set up an LLC and transfer the property into that LLC once ...
I'm closing on my next project in a week. A small 2-bed/1 bath ~850 sq ft house we are gutting to the studs. I will be subbing out most of the work but also putting in ~2 months of my own labor. While I have done my f...
My wife and I currently have three Ally savings accounts:
1). Emergency fund (4 months or so)
2). Investment savings (automatic contributions each pay period and dedicated to investments outside of our Roth/401k’s)
2...
I am about to put an offer in on a tenant occupied property from the 1950s. I walked the property but it was full of tenants stuff so hard to see much of the walls and what not. Everything seemed functional. The owner...
I bought my first 3fam multi and have heard about tenant proofing before briefly. Any experience and suggestions? Flooring? Appliances? Cabinets? Bathrooms? Any input will be really helpful as I am unexperienced.