Ric King
Questions about accredited investors?
What are the legal repercussions if you lie about being a accredited investor? And what kind of trouble can the issuer get into? What kind of forms do you get from the issuer or is it just on good faith? I am not a a...
Brett Hearn
Going on Title with family member repercussions
Hello out there,General question for you all. What are the repercussions for me going on the title of a SFR which my father owns with no debt on the property (currently appraised for 175K. The plan is to fix it up i...
Account Closed
Is it legal to sign multiple purchase agreements at the same time
I know this is not a bright question, sorry I am new... but is it okay to sign two purchase agreements at the same time? Let's say I am under contract in one property (Maryland) and still waiting for closing, would it...
Alfredo O.
Contract Date
Hello fellow investors. So how important is the date set forth on a contract? Example, if you are in the process of selling a home and for some reason the buyer is not able to hit the proposed contract date, what ca...
James G.
Fake Government Agency Leasing My Apartment?
Hi BP. There is this lady who claims that she is with a government agency (we'll call it #1). She claims that she gets in contact with other government agencies (#2) and that #2 inspects the units, and then disperses ...
Kevin M.
Proposed COVID Tenant Relief Bill- Philadelphia
BP,
Wanted to bring to your attention a package of bills introduced to City Council on Thursday addressing Tenants' rights. Three sponsors (of 17 Council members). Some major points in the bill;
Extend the eviction...
Jessica Kirkpatrick
LLC/ Sole Proprietor and S or Corp
I have a question:1. What should I have in place before buying <$50K rentals to limit liability and pay the least amount of taxes?Thanks in advane!
Account Closed
Crowdfunding Basics Query
Crowdfunding has its mechanics. Is there any requirement that sponsor has to have any money in the venture?Ideally, yes, but is it absolutely necessary?
Jack Thompson
Mortgage Forgiveness Debt Relief Act Expiring
It took me nearly 8 months to figure out what this so called "mortgage forgiveness debt relief act" really was and how it could benefit me. I was with my wife one day and we overheard two couples talking about it and ...
Dustin Suiter
Ground up self storage business - need guidance
We have a piece of property roughly worth over $1 mil. Our options are limited on what we can do with it due to egress and access issues. We are looking into building a large self storage facility but need guidance o...