Rich Ramjatan
Gifting Property From Parents to Kids
Hey BP, Writing this post on behalf of a friend :
A Friend of mine wants to gift a property to his kids valued around $500K . His attorney advised him that the process is pretty straight forward , but he should tal...
Tammy Pimienta
Pre construction Multi-Family Project Bid
Hello again BP Community!
I need a little assistance or advice on this construction proposal provided to me by a company in Florida for a new construction multi-family build I would like to start ...
Calixto Urdiales
Don't sell My House!
Hello there biggerpockets-
I have a situation in which I will be mentioning below with various names of people to depict actual life! It would mean the world to me if someone can give me some positive feedback on thi...
Ryan Kraemer
Partnership agreement nuances
Hello!I am looking to enter into a medium sized multifamily deal with a total of 4 partners. An attorney will be used to draw up the legal documents and I have a list of stipulations that are to be proposed/entered in...
David Dachtera
Rent Late, Tenant's Roommate Trashed the Place
This scenario came up in the Buy & Hold / Multi-Family / Short Term Rental study group this past Thursday. Wanted to solicit this group's opinions ...A group member reports that for one of his SFR units, the rent ...
Carrie Hale
How do I get the drug dealer next door out of his condo
I have lived in my condo for 17 years. The man that owned the condo next door had two adult sons that lived with him. One of them is a known drug dealer and has been arrested many times over the years. He has cause...
Martin A Phillips
Is using a FannieMae instrument legal?
I have seen private money lenders use FannieMae/FreddieMac documents for private money mortgages that are not associated with either one. Is this ok? thanks.
Kyle A.
Attn Accountants! 50/50 "Handshake Agreement" Tax Implications
My best friend and I have a 50/50 stake in a rental property. He has a family and kids and did not have the free time to invest in real estate so he asked me to invest with him knowing that I have the time and experti...
Chris Mora
Newbie question - How common is it to sign an NCND Non-circumventing non-disclosure agreement?
Hi Everyone! Potential newbie question here.A BP user was advertising REO properties in Florida. When I reached out to them they sent me a 3 page NCND non-ciscumventing non-disclosure agreement to be able to share the...
Randy S.
Any Knowledgeable People on Texas Tenant Laws?
So, my sister is in kind of an odd situation and I'm not sure what she can do. Just a heads up, she didn't sign any lease agreement or documentation for anything (which she was already lectured), so I'm here strictly ...