Matt Hintzke
Is creating an LLC conglomerate a bad idea? (Crowd funding)
15 October 2016 | 11 replies
In my opinion, yes, it can be done, but you're looking into a bigger mess as far as the government is concerned.Lets preface this with I don't know exactly how this works either, but after a certain amount of people are involved you have to report as a Real Estate Investment Trust (REIT) and have to file extra forms related to your business and also after a certain threshold you also need to report members and their distributions to the Securities Exchange Commission (SEC) so they know as well.Being young (as am I) you are going to run into a lot of dead ends trying to apply for a residential loan with a business name.
Vladimir Valladares
How can I make this deal work?
5 October 2016 | 7 replies
If not,go to the wholesaler and tell them you have a strongly interested buyer and you want a finders fee for the sale.10 to 15% of the wholesalers profit is fair.Unless you used your resources and information supplied by your brokerage (MLS,advertising from brokerage,etc), I would keep it under raps.If they didn't help make the deal happen,why pay them for nothing?
Ruben Gonzalesz
Ruben Gonzalez from Miami
7 October 2016 | 6 replies
Hey Everyone,This is my first post on Bigger Pockets!
Cameron York
Forclosures on non performing notes and its process?
13 October 2016 | 22 replies
The main goal is loan modification within non-judicial states on NPN's and I know I can get a much better discount, a bigger turnout, and through due diligence, can be handled if a foreclosure is necessary (looking ahead of time into the borrowers background, mortgage history, source of income, The market value minus the expenses, the process of foreclosure, etc.)
Chris Cozzens
Northern Jersey - Beginner Investor
13 October 2016 | 17 replies
@Chris Cozzens Welcome to Bigger Pockets.
Jason Hopkins
Investor and Realtor from Memphis, TN
9 October 2016 | 8 replies
@Jason HopkinsWelcome to bigger pockets.
Gina Jackson
New member from North Carolina
6 October 2016 | 5 replies
Bigger pockets has been a great motivator for us
Miguel Garcia
I am a Real Estate Broker
6 October 2016 | 3 replies
I am a Real Estate Broker And I have the strength and resources to help my clients receive the highest degree of personal and professional service.
Rajeev Vibhakar
New member from Denver CO
6 October 2016 | 5 replies
@Rajeev VibhakarWelcome to bigger pockets.
William Huston
Gated Area: How do you farm them?
9 October 2016 | 7 replies
This way they can't say they will not reduce or do not remember that discussion etc.With larger homes there tends to be bigger commissions but you can also lose your shirt quickly if you do not protect yourself as a broker/agent.