Frank Perkins
Legal issues with a licensed agent wholesaling in California
I'm a licensed real estate agent in California, but I also have a W-2 job as my primary source of income. I'm wondering if there are any legal issues involved with wholesaling or personally buying an off-market prope...
Ben Pearce
Duplex with Existing Tenants
Hi There,My wife and I are in the process of closing on a duplex (Jan 29th). Currently, both units are occupied with tenants. Both tenants are in month-to-month agreements, renting severely under market. Even better, ...
Floyd Vick Jr Diaz
Show me your step by step on how to analyze properties
My name is Floyd Diaz and I am new to this real estate game and would like to learn on how you analyze properties. All tips and guidance is welcomedThanks ~ Floyd
Megan Klaeger
Partnership - money invested vs ownership percentage
If I buy a property for $120,000 and partner invests $40,000 in materials and supplies, do they then own 25% or 33%?He thinks he gets 40/120 = 33%I think he gets 40/160 = 25%
Anissa Pearson
Help to save elderly parents home
Hello,I am new to real estate investing. However, my elderly parents are in desperate need of saving their property. I know there's a way that I can help but need some help. Here's the issue: (1) the house needs re...
Vamshi Ananth
Earnest money down on offer in California?
Hello Dear BPers, I have a very basic question. I am planning on putting in some offers and the agent I am speaking to mentioned that I have to put 1% earnest money down on offers that I make. I wanted to check with t...
Greg Dickerson
Commercial Development Process
Real estate development is a complicated capital intensive process and there's a lot you need to know and do before you put a property under contract or close on a property you plan to develop.
First you need to do a...
Shannon Conklin
Tax question - First Post
Hi, this is my first time posting. I have a tax question. My husband and I got lucky with our first property. We bought a home for $120k with the contingency that the woman who lived there could stay (divorce, but the...
Jeffery Neal
Buyer trying to pull one on me - wholesale deal
So I have a buyer for a wholesale deal who is trying to pull fast one on me. I have two great wholesale deals that I was selling at the same time. I told the buyers that were interested that I would be willing to tak...
Peter Green
Multi-Family Bad Roof
In Contract to purchase a Multi-Family Property at just under a million in CA.Just had the roof of building and parking structure inspected, $104,000 replacement cost. Condition of building roof is worn and poor. On...