Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Timothy Franklin Clarifying the wholesale transaction
15 December 2024 | 7 replies
As far as ethically that is part of my nature and I don't care for the aggressive (potentially predatory) strategies discussed by others, but I see value in offering a transparent and convenient service with lower costs and faster turnarounds than traditional MLS transactions. 
Mike Sfera New to REI; looking to learn and connect
13 December 2024 | 9 replies
Quote from @Mike Sfera: @Blake Clothier are management companies turnkey providers or is that a company that specializes in those services
Carl Richardson What contract or forms do I use for wholesaling deals in Texas?
12 December 2024 | 13 replies
"As public records, the contract forms adopted by the Texas Real Estate Commission are available to any person."
Yents Ybrimovic 203K loan new investor question
17 December 2024 | 16 replies
Structuring the Deal with a PartnerWhile your partner cannot directly participate in the loan, there are ways to structure your arrangement to reflect your 50/50 partnership:Option 1: Post-Purchase Equity SaleYou obtain the 203(k) loan in your name as the owner-occupant.After closing, you sell your partner 50% equity in the property via a quitclaim deed or similar legal instrument.Your partnership agreement would outline each person’s roles, responsibilities, and share of profits.Note: Be mindful of FHA’s rules around title changes and ensure this doesn’t violate loan terms.Option 2: Partnership Contribution AgreementYou both contribute to the down payment and renovation costs as outlined in a partnership agreement.Your partner’s contribution could be recognized as a share of the equity in exchange for funding, services, or property management.The partnership agreement would detail how profits, responsibilities, and equity are split.Option 3: Joint Venture AgreementStructure the deal as a joint venture, where you own the property personally (required for the FHA loan), but profits and roles are split per a formal agreement.Your partner could receive equity-like compensation through profit-sharing without being on the title.3.
Nick McCandless Turnkey Real Estate Investments
17 December 2024 | 22 replies
@Chris Clothier I believe this gentlemen could possibly be interested in your services
Anthony Hillman Nice to meet you all
14 December 2024 | 2 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Connor O'Brien Moving electrical meter without upgrading service
5 December 2024 | 0 replies
Hi BP, i’m curious if anyone has moved an electrical meter without upgrading service. i recently upgraded a meter and was forced to move it to a new location however now i can’t pass inspection because the service enters the building before the meter (only good route to get to new meter was indoors) i really want to avoid a new electrical drophas anyone found a way to enter the building before metering?
Victoria Redlin HELOAN or HELOC, (December 2024)
14 December 2024 | 4 replies
With TOU service you charge it at night for 5-7c/kw and use it during the day to arbitrage the price difference. 
Ben Lindquist Qualified Intermediaries - Any good or bad experiences?
17 December 2024 | 8 replies
Is it segregated (only my funds in the account)- do you have an attorney on staff that reviews exchange docs and keeps them current - what is the typical time for your staff to complete an exchange ( you want to get a feel for if they are understaffed and can they get the work done on your time frame)- how many exchanges do you do a month- what is your errors and omissions insurance through, can I get a copy- what is the amount of your fidelity bond - for each occurrence- what protections are in place to prevent wire fraud- will my funds be used by the company for outside investments (goes back to the type of account funds are held in)- who will be my contact during the exchange (goes to customer service, you want one contact who you can reach by telephone)Investors should keep in mind that it is their money they are placing with a QI to hold for a short period of time and be sure they feel comfortable with the company they choose to perform this role. 
Jose Quinones Frontier internet service won't service unit
3 December 2024 | 3 replies
They wont connect service in a unit (had service before turnover) because they're upgrading service.