Hector Perez
How to Eliminate a Judgement on a house
21 August 2022 | 16 replies
The judgement was issue in 2011. and I was just wondering can this valid today after a long time, just in case I encounter the same issue in a future transaction.
Todd F.
Breaking lease early
10 January 2014 | 16 replies
Probably best to have your real estate attorney handle this for you in order to maintain arm's-length to the transaction, but I handle these myself whenever the need arises.
Mike Jones
Di I need a Realtor to buy a house from someone I know?
10 January 2014 | 3 replies
Deal just kinda fell in my lap..Friend just wants to get out from it as is, kinda beat up but piece of cake for me, it's payoff is 107k and I thnk I can turn it into a 200k house for not much rehab.Question is, do I need a realtor to handle the transaction?
David Galvan
Is wholesaling a good starting point?
16 January 2014 | 13 replies
I mean a guy who actually has money and can close a transaction quickly.
Devon Chanthasensak
Finding properties in Indiana
13 January 2014 | 4 replies
I did over 100 wholesale transactions last year.
Amy Bien
Where to start- NEWBIE FROM MIAMI, FL!
12 January 2014 | 15 replies
I am very eager to learn from the best and hope to potentially find a mentor that is willing to guide me through transactions.
Brandon Hall
My First Deal...Am I Ready?
11 January 2014 | 6 replies
I can never underestimate the importance of having reserves, especially at the beginning/backend of a transaction.
Bryan Hancock
The JOBS Act - How To Verify Investors Are Accredited
14 January 2014 | 47 replies
Provided that the issuer of securities does not otherwise have knowledge that such person is not an accredited investor, the issuer will be deemed to have taken reasonable steps if:with respect to purchasers who are accredited investors based on income, the issuer reviews IRS forms that report revenue (W-2, Form 1099, Schedule K-1 or filed Form 1040) for the last two years and obtains a written representation from such person that he or she has a reasonable expectation of reaching the income level in the current year;with respect to purchasers who are accredited investors based on net worth, the issuer reviews bank statements, brokerage statements, other statements of securities holdings, certificates of deposit and/or tax assessments and appraisal reports issued by third parties in order to verify assets, a consumer report from at least one of the nationwide consumer reporting agencies to verify liabilities and obtains a written representation that all liabilities necessary to make a net worth determination have been disclosed (all information reviewed may not be more than 3 months old);the issuer has obtained a written confirmation from a broker-dealer, a registered investment advisor, a licensed attorney or a CPA that such person has taken reasonable steps to verify that the purchaser is an accredited investor within the prior 3 months and determined that such purchaser is an accredited investor, andfor purchasers who previously purchased securities in an issuer’s Rule 506(b) transaction prior to the effectiveness of Rule 506(c), a certification that such person is an accredited investor.A simple Google search has a bunch of third party verification services.
Henry King
Real Estate Attorney in Cleveland, OH
12 January 2014 | 2 replies
Someone who is responsive and able to close wholesale transactions.
David J.
How BiggerPockets created 100k in net worth in 4 months
31 January 2020 | 101 replies
One last item, and this is a question, if two identical homes n identical condition sit next to each other, and Sam buys the one on the left for $100k, and I buy the one on the right for $65k, and the closing of each transaction occurs on the same day, what is the current market value of my home and Sam's?