I am new to real estate and have started contacting agents. What are the rules on using agents? Am I expected to only use one agent? Is it against any rules to use multiple agents? Maybe its not illegal, but is it imm...
Hey BP community, looking for your thoughts here on this matterWe have a buy & hold, 2-family under contract finally at a price where everything makes sense for us.1 unit is vacant, 1 unit is occupied.We are still...
Wanted to share a post that I was discussing with others today regarding brokers and note sellers and their NDA.I wanted to share this because the NDA I received notes that if the purchase of desired assets is not con...
Hey BP!When a tenant is living in your property under a Lease Option/Purchase contract...are you, as the homeowner, still responsible for repairs and maintenance? Or is the tenant responsible since it potentially will...
I have a possible deal for a house that I want to control by using an exclusive option to purchase, then to assign the option to an end buyer. My question is can I list it on the mls? My wife has her license, and I ta...
I am soon to be a first time landlord and am in search of documents such as leasing agreements, pre inspection paperwork, screening questionaires. Can anyone point me in the right direction for any of these?
Hello!I am partnering up with someone on a 4plex. They are supplying the down payment and I am handling everything else. What would be the best way to structure the partnership? I was thinking split cashflow, split eq...
Hi Fellow BP members,I am a new investor and started renting for first time after purchase of my Duplex. I have a property manager. So one of the tenants saw property and we received one month security deposit to hold...
Hello!I live in Baltimore, Maryland. I recently had a realtor show me a house. I have not signed a Buyer Agency agreement with that realtor. The house is owned by Fannie Mae and there is 3 days until the First Look pe...
Does anyone have any insight on setting up a single member LLC for flipping properties rather than rental properties? I have heard that S-Corp entities are better for the flipping method, but I'd rather set up an LLC...