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29 April 2019 | 10 replies
With retail you have mom and pop, regional, and national tenants.Often mom and pop tenants can't afford attorney representation so try to do things on their own to negotiate a lease.Owners could try to write anything into a lease but doesn't not mean it is legal or enforceable.
27 April 2019 | 4 replies
A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.If you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/Alerts can be really helpful too: http://www.biggerpockets.com/alertsThere are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides
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25 April 2019 | 8 replies
An LLC is a legal entity that has nothing to do with taxes.Your LLC per se is non existent for the IRS.
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7 May 2019 | 10 replies
A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.If you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.
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24 April 2019 | 1 reply
I could do this with a SFR or a multi family unit up to 4 units, and rent out the other 3.It seems very difficult to find a good multi home, as they are all snatched up quickly...So I guess my question is:Are their any legalities associated with this?
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24 April 2019 | 3 replies
A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.
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26 April 2019 | 13 replies
So I've been working on a tool that not only automates this process but also builds the intelligence behind it.The Relevant Information:A summary report will be available for each property for the investor to examine all the gathered fields.Property DetailsOwner InformationTax InformationForeclosure Case InformationDocket EntriesDefendant InformationMortgage PositionLiensViolationsOpen PermitsThe Intelligence:We created an easy to understand analysis that will give experienced and unexperienced investors a “birds eye’s view” of issues on any given listing using Icons, along with detailed explanations.No issues Found:Proceed With Caution:STOP!
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2 May 2019 | 3 replies
The alternative is a nice big rent hike at the limit of legal acceptability, like 10%, and the explicit threat of keeping them coming.
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25 April 2019 | 8 replies
@Dhruv Anand you would need to form your own fund or “sub-syndication”, which does require going through the usual legal process.
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25 April 2019 | 3 replies
If I look to get a loan from private lender how can I screen him to check if he is doing it legally❓And how to secure myself against loosing any upfront fees if this become a scam❓ By putting it on escrow❓Any advise😎✔️❓