Hello BP Community! I got my 1st wholesale deal under contract in Miami on July 21st, but it hasn't sold, and the contract expires on the 31st of this month. I'm new at this and fear I may have made a mistake either i...
I'm just getting started and while I'm still working more than full time, I'm learning everything I can possibly read. That being said, I am trying to get all the ducks in a row so I can hit the ground running. I...
Hi fellow BP RE agents,I moved to Maryland a year ago and will take the state portion of the Salesperson's exam in the next two weeks. That said, my initial goal when getting my RE Salespersons license was to save mon...
Hey agents and brokers!Does holding a license make wholesaling in particular (and investing in general) easier or harder? Do disclosure rules and standards of practice effect your ability to function as an investor? ...
Good Day BP Community,Once you get a property under contract what is the maximum assignment fee I can impose to assign my contract to a buyer while being ethical in the Los Angeles CA area?Thank you for the help.
Hi all,A group that I invest with is about to make an offer on a commercial building in North East Atlanta. We have indentified management as a huge opportunity and a reason for its lower than market-rate valuation. D...
As an individual owner, do I have to send 1099 to individuals I hired to work on my rental properties? I know as a Corp or LLC, I do, but no sure as an individual owner if I'm supposed to send them 1099s.Thanks,Azita
I worked very briefly for a Homevestors Franchise in Mobile, Alabama. I did not have a good experience. I know exactly how this company and franchise operates. Long story short, I smelled a rat, and got out. I can...
When a property is sold with tenants, their security deposit is ordinarily transferred to the new owner. What happens if the tenants are behind in rent? Can the old landlord deduct it from the security deposit or do t...
Here are a few list of ethics a good Hardmoney lender will follow and borrower to be cognizant about. 1. Do not Bait and Switch IE you see the 100% LTV 5% rates which we know don't exist. Don't advertise what you ar...