In order to safeguard yourself in wholesale transactions/assignments is it necessary to be a licensed agent working under a broker or must you be a licensed broker yourself?

Hi everyone,I am new to the process of getting renters into a SFH in Minnesota. Getting a lease drafted by a lawyer seems quite pricy, is it normal to just use a standard residential lease set by the state or should I...

Hello Everyone, Im looking for some advice on starting an asset management company or field service company like MCS 360, Safeguard or Cyprexx Services. How they basically sub contractor the work out and how this whol...

I have 3 applicants I would be happy to choose from and so far just have their application with background/credit check and employment, etc.Do I accept one applicant and then ask for proof of income, or do I ask all 3...

Hello!My name is Derek and I am a soldier currently serving overseas with the North Carolina National Guard. I am interested in learning about real estate investment to help my future and become financially stable. I ...

What are people using to collect rent electronically these days?

Hello Fellow BPers,I am currently looking to buy some turnkey properties. I am a real estate agent in CT and realized that when buying these properties in other states around the country, I won't have a RE agent repre...

I've run across a couple properties and would love some input, thoughts, etc on how to possibly structure a deal.  I've got my own thoughts but would love some others.  The seller is a father of a friend of mine who i...

My partner and I are going to purchase a buy and hold 10 unit where everything is divided 50/50 (money, work, etc.) and a management company holding it. I would like to know what are main safe guards which 50/50 LLC p...

I have been a Moderator on a World Wide Motorcycle Forum before and I always encouraged new Members to Please Introduce yourself and so far from reading on this site it is no different here, so this is my first Post!!...