In the next few weeks and months I will be pouring over tons of information and I hope to be able to meet some of my local counterparts in the near future at an REIA meeting!

It's a pretty broad definition that comes up several times both in various federal laws (15 USC 77b probably being a good place to start), not to mention various state counterparts as well.

Good afternoon everyone,I consider myself very much a rookie in the game of real estate investing and have lots to learn but as a canadian counterpart I sometimes find myself gawking at your home prices in the US. 

People in Friendswood commute longer to work compared to their Pearland counter parts.4.

Cheaper and smaller markets to the east will also see growth over the next decade, but won't be built with the same infrastructure as their north and west counterparts.

I'm stuck-any suggestions from my more seasoned BP counterparts?  

It would just depend on your specific scenario and require some negotiating to find something that is comfortable for you both. 50/50 is great, but I've seen some investors get quite bitter because they end up putting in more time than their counterpart and it usually ends any future partnership prospects.The limited partnership and LLC structure seems strange to me from what you mentioned, though.

Relative to their 3/2 counterparts, they are bought cheaper, rented cheaper and sold cheaper.

Hi Joel,You can have the deed signed in counterpart, then once you have both signed deeds match them together with the notaries and record at the county.As for the quit claim deed, I know all states are different.

Because of this unique corporate structure, these non-profit organizations did not qualify for the small servicer exemption, unlike their for-profit counterparts with similar arrangements.