Darian Eldredge
private money lending
I am new to investing and came across the oppurtunity to bring in a private money lender on my side to go in a fix and flip.the numbers were:purchase price- 155,000repairs- 25,000arv- 250,000misc- 5,0005 percent for c...
Steve Kim
Residual Fee for commercial lease
I am purchasing a commercial property that is being managed by PM. He is charging 6 % of gross rent for managing the property.Upon reviewing the current P & L statement, I saw a fee call "residual fee", I have ne...
Sandy Uhlmann
Lending Using Multiple IRA Accounts
When combining funds with another IRA for an investment such as being a lender/co-lender for the purchase of property, do funds have to be distributed back to the IRA based on the percentage of money invested or can i...
Pope Lake
Paying Property Manager in Equity
Hi BP! I have a family friend who is supportive of me investing in real estate. This is such the case that they are willing to potentially manage the first property I purchase, which is looking like it'll be a SFR. I ...
Janice R.
Settlement documents questions in my 1031 exchange
Hello all 1031 experts!I'm going through the settlement documents that the title folks emailed me. We will have to sign the documents and fedex them for settlement on July 20. I already found that they gave me the ...
Mathieu Roegiers
Transferring property from one LLC to another // Commercial rates
Hi all,
I have an LLC in NY with one apartment. I have, with my brothers, created a new LLC and signed for a second apartment. We are trying to close since March, but due to covid 19, we are still waiting for the Ta...
Ian Clayton
Shaping the Partnership agreement with a Money Partner for flipping
I am forming a partnership with a money partner that wants to partner with us to do residential rehab/re-sells and commercial multi-unit re-positioning. We will be selecting opportunities that provide transaction inc...
Tammy Wiggins
Increasing Rent: When to Notify & How Much
We acquired a great duplex and have great tenants on both sides. In one unit, which was my son's, we painted everything, put in new flooring, nice new blinds, redid the staircase, updated bathroom, new light fixures/...
Sam G.
Can I get a finder's fee for bringing a deal to a CRE broker?
I have a friend (buyer) from out of state who wants to make a large purchase (mutli $MM) in Commercial Real Estate. I know of a competent CRE broker, so if I bring this buyer to to this broker, can the broker pay me a...
Michael Bradley
Appliances for my rental
Good morning my name is Shawn and I have a question not to postive where to post this one so sorry if it does not go to the right place. I have a rental property that I furnished the appliances in besides the dishwash...