Mabel L.
Lease Option NOT exercised
Wondering if anyone has been in this situation and can shed some light on this scenario:
Term is 2 years.
The upfront amount for the option contract is $10,000.
Monthly rent is $3000 which is about $300 above fair ...
Claude Diehl
Sell a Solo 401K property with owner financing
I am trying to sell one of my Solo 401k properties. I've been made an offer of 50% down and for me (my Solo) to owner finance the other 50%. Is this legal? Can someone point me in the right direction? I really need a ...
Charles David
Dollar amount on Deed is $10
I recently acquired my second property. One of the papers I had to sign at the escrow office was the Statutory Warranty Deed. It states:"THE GRANTORS Joe Jones Jr. and Janet Jane Jones, husband and wife for and in c...
John Lowery
earnest money
Good afternoon bp family is there a contract one can use to get around the earnest money.
Amanda Long
Is this legal?
I’m the property owner and wanting to see if what I’m dealing with is “legal” or illegal (just plain unethical) We called a “we buy houses for cash” company out of Colorado. They gave us an offer we was content with b...
Su D
Tenant Breaking Lease before Move In
Need advise as to what options I have as a landlord.... Tenant signed lease on June 28th to begin leasing my home on July 1st. When leasing agent tried to contact tenant for security deposit and 1st month rent 3 days ...
Shashank Gokhale
Wholesaling contract law
Whoever a contract is filled out and signed by both parties, does that contract absolutely specify what the terms are, or can the state where the contract applies override the terms in the contract? For example, I am...
Cameron Outlaw
Do I Need To Open An LLC Or S Corp To Wholesale Real Estate
I was told by someone that I need to set up an LLC or S Corp to wholesale real estate. Im not too sure if that is necessary though as I will never actually have ownership of the house. Any info on the topic would be m...
Patrick Philip
The basics of co-wholesaling
I am new to wholesaling. I have a list of about 500 cash buyers from the local REI clubs, Craigslist, and various websites.I don't have enough money for a direct mail campaign until March, so I am trying to co-wholesa...
Carl Richardson
Paying bird dogs as a licensed agent in Texas?
As an investor/agent, am I legally able to pay a bird dog a flat fee or a percentage out of my profits ? If it's possible to do so, how would I go about doing that ? Do I need to get a separate contract drawn up? I've...