All Forum Posts by: Kate Schwerin

Had a black water back up. Mitigators tore everything out. Need someone to replace tile, drywall and carpet.

Need help with LLCs and partnership contracts

I have a row of neighbors mailboxes on a lot I bought. It is on my property and is right in the way of driveway apron.  Can I just cut them down and move then to a new location. It would still be just as easily and safely accessible by the USPS and the neighbors, only 50ft down the road (and technically still on my property).  Do I need to tell anyone or get permission to do this??

I'm fairly new to investing:  I have a duplex and currently working on a small sub-development in my area.  My realtor has told me about an 8 unit apartment building that will be coming up for sale in the early summer and I'm trying to figure out how to make it work.   She said the listing realtor told her some of the units already have separate deeds and most of the apartments are fixer uppers.  I have resources and access for the rehab part but will need to get the initial downpayment and some rehab money from multiple sources i.e. people I know already.  

- Wondering how I set up the money: do I give different percentages for different amounts? Who gets paid back first? How long of a payback schedule do I do? Is it tiered? Do I do it in an LLC?

- Thinking I can rehab one or two of the apartments, sell those to pay the investors back then put the remaining money back into the complex.  Looking for people to poke holes in this plan or heads up for any pitfalls that I wouldn't know about being a noob. 

- Any good books on commercial structuring money for smaller commercial ventures?

I'm looking for a lawyer that specializes in real estate and structuring partnerships.  I'm working on a project with my boyfriend and we'd like to figure out a way to structure a partnership.  It's too complicated to post the details and not as straight forward as we would have both hoped. Any recos would be great.  thxk.

I am working with Clayton Homes right now.  They have several different modular vendors so you can get a variety housing from very basic to a whole lot nicer.  I find when talking/working with any of the modular sellers you really need to be the one taking notes, double checking documents and generally keep the process moving.  They do tend to have a lot of customers at one time and you don't want to slip through the cracks. 

I'm working on a minor sub-division and the county is requiring an HOA be set up to make sure the road and utilities are maintained, which makes sense to me. Wondering if there are any boilerplate templates out there that I can use. I've already drafted some covenants but want to be sure I'm not missing anything. I know I'll need to register it and do a bunch of paperwork. Any suggestions, other than having a lawyer do it?

FYI: it is a simple subdivision where myself and my partner will own all three buildings but if in the future we want to sell than it will be especially applicable.