![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/55001/small_1621412137-avatar-ijason.jpg?twic=v1/output=image&v=2)
17 August 2010 | 9 replies
You can not draft contracts for an entity or for others unless you are an attorney, as that may consitute the unlawful practice of law.This came up in my area, the issue brought by attorneys, that an LLC is a legal entity in itself and a member of the LLC is not authorized to practice law for that entity without being a bar member as well!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/55496/small_1621412233-avatar-familyk.jpg?twic=v1/output=image&v=2)
3 August 2010 | 15 replies
Upon deposit of payment into my account, I send an authorization certificate to the renter.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/47228/small_1621409091-avatar-samanaali.jpg?twic=v1/output=image&v=2)
5 August 2010 | 4 replies
Articles are often slanted in a way that shows the author's bias.It does illustrate what's happening though - turning from speculative flipping to a safer, long-term buy and hold strategy.As for Glenn Plantone, I know him well.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/56917/small_1621412427-avatar-jaham.jpg?twic=v1/output=image&v=2)
11 August 2010 | 23 replies
And sometimes the devils advocate in me starts to wonder if 99.9% think one way it is often the chance to succeed in a "contrarian" strategy, so to speak.Although I do undoubtedly believe that each and every ghetto is being eyed by public officials and their policies; The only point you made that i might disagree with is the fact that even if you bulldozed a square mile of the hood - those individuals will have to move somewhere.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/55043/small_1621412143-avatar-jkns.jpg?twic=v1/output=image&v=2)
30 August 2010 | 3 replies
You would certainly want the scoop from the local authorities before talking to the owner.As far as wholesaling, as long as the owner can pass clear title and someone wants it with all its warts, I don't see any problems.
31 August 2010 | 3 replies
Now if you find a contractor that does a great job at a reasonable price you can not use him as often as you would like because if you begin to account for a major portion of his revenue that can be construed by authorities as he is being misclassified as a contractor instead of your employee.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/59085/small_1621412759-avatar-homegirl.jpg?twic=v1/output=image&v=2)
29 September 2010 | 38 replies
As president, things can become media scandals even if you have the authority to fire someone.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/33614/small_1621366611-avatar-inmountains.jpg?twic=v1/output=image&v=2)
19 September 2010 | 12 replies
I suggest that if Federal dollars are used to pay for state, county and municipal jobs that those workers have to go on Federal pay scales.I'm pretty sure that the average salary of a federal employee has surpassed that of the average salary in the private sector.The problem is that all this stimulus and govt. spending and govt. salaries are just numbers on paper to our elected officials and govt.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/4549/small_1621347059-avatar-mystic_realty.jpg?twic=v1/output=image&v=2)
13 October 2010 | 11 replies
This ensures that the buyer is on-the-hook for taxes, is officially the owner-on-record at the park, etc.When the home was paid off, the title was signed over to the buyer.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/30751/small_1621365434-avatar-kyeats.jpg?twic=v1/output=image&v=2)
12 October 2010 | 5 replies
Original authors Martin Bailey, Douglas Elmendorf and Robert Litan (May 2008) The Great Credit Squeeze: How It Happened, How to Prevent Another Economics Studies at Brookings, Washington.