Hey guys, I got a house referrered to me by a friend and he requested a $1000 referral fee which I don't care to pay since I bought the property $30k less then market value. What would be the "legal" terminalogy to cl...
Hello BiggerPockets community. I am a new real estate investor in the North Carolina area. For any investors in the North Carolina areas I wanted to know if it is illegal to pay reference fees? I've read about it on a...
I see lots of bandit signs for various companies around my area. But, as I look into the actual laws in my area it seems that for each sign you need to file an individual permit as well as there being a time limit on ...
I was told by someone that for a J.V deal that I can only present an off-market deal to something like 10-15 individuals only because of SEC regulations. I would be one of the partners. Does anyone know more about t...
Hi all,
I hope all is well! Long story short, my brother and I tried our hand at a flip, he is in commercial real estate, and we thought we could use that knowledge in residential. To some degree it was helpful, like...
I purchased a 14 unit apartment complex back in December. With it I inherited 13 tenants. 11 of the units are 2 bed 1 bath, same square floor plan and amenities. The tenants I inherited pay any where from $460 to $620...
I'll try and keep this short and sweet (once this project is over, I'll spill all of the gory details)...Working on a flip, signed a contract with a GC (great reviews with BBB and online)......paid him some $ up front...
Hey everyone, So I have a strong lead on some properties in the East End of Pittsburgh, one of which is a 4 plex that is more like townhomes from the 40s. 3 are rented, 1 is vacant. The rents are.... wait for it.... $...
I recently discovered a 2BR 2BA condo for sale in a great rental location. The sale price is 26k and the latest tax accessed value is 72k. The problem is trying to obtain mortgage financing on property les than 50k. M...
Hi all,I have put an offer in on a condo in Jersey City, which I am planning on adding a bedroom to and move in. The way the condo is set up, I would need to allocate the one window in the living room to the new bedro...