Fahadbin Alam
How do I make a lease?
Hello Bigger pockets I'm trying to make a lease and I don't know where to start. (FWI I have a PM, but I'm just curious because I want to challenge myself)1. Where can I find or make a template online?2. How do I make...
Sabina Hasan
P&S Syndication GP
Hi, if I am a new GP to a syndication. What legal documents should I expect to sign or be responsible for? I understand the operating agreement is a must. Do I also have to have my own attorney review the P&S , Do...
Account Closed
Starting REI business with friends - LLC or not?
My friends and I are in the process of purchasing our first real estate investment out of state and planning to finance the investment through a bank. Each of us are bringing varying degrees of capital and sweat equit...
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
Hello,If I gift a house, what amount will go towards the lifetime gift limit, the amount i purchased the house for, or the current FMV?It is my understanding that the new owner will have the house at the cost basis of...
Logan Turner
Obstacles in real estate
Here is a story with lots of nuggets. But the take home.. there will always be obstacles. Charge through them.
We had a delay in closing and for a minute didn’t look like this house would get closed at all.
I canc...
Josh Smalley
Expat Investor seeking lender who can do digital signatures
I'm a teacher living abroad. I am ready to purchase another property in OKC but need financing options that work with my context. It is extremely difficult and expensive to do any notarizing of wet signatures from whe...
Heidi M.
Tenants claiming they paid a deposit
I purchased a house with existing tenants. They were also existing when the previous owner purchased the property in foreclosure. I have mine and the previous owners leases that say there was no deposit paid and ...
Franky Na
Canadian looking for mortgage options for US property purchase options
Hi All,I am in the process of purchasing my first investment property in Texas. I am a Canadian looking for Loan Officer and Mortgage Brokers who specialize in helping Canadians and DSCR Loans.Looking to see-1) What's...
Account Closed
Verifying Executor of a Estate
I am in NC and have a house on the market. A local agent brought a cash offer from a buyer which is very attractive. I have verbally indicated that I will accept the offer provided the buyer produces proof of funds. H...
Jasmine Claye
Best Choice?!
I am looking into Loan financing for my first flip. Can anyone tell me the best loan option for flipping? I've heard that banks and certain mortgage companies want you to keep the house for a period of time, a couple ...