Trudy Smit
short sale question about disclosing offers
Can someone shed some light on what is the CA rule or protocol in the following Short sale scenario?:
Buyer 1 has an executed contract for $380,000, meaning Seller accepted the offer and offer is being presented to...
Bobby Shell
Umbrella Insurance VS. LLC/EIN for my property
I have heard getting an LLC and EIN to manage my first rental as a business was good. But an experienced friend just told me that it is actually better to get Umbrella Insurance because if set up as an LLC I can still...
Michael Orf
Potential Colorado tenant growing marijuana
I currently have a rental on the market in the Denver area and was just contacted by someone out of state that is looking to move to Denver and open a dispensary with some colleagues. He and his wife and young child ...
Matthew Paetz
Loop holes in SEC Regulations?
Any advice on how to advertise RE deals without raising red flags with SEC regulators?
Mr Good
Marijuana growing in my rental
Hello. I rent a house with a separate garage to a single mom and her 12 year old son. She pays on time, has been in for a few months.
I recently had a contractor rake up all the leaves and do a nice spruce up of th...
Thomas Weidner
Buying from Wholesalers
I have potentially found a property that the numbers work well. It is a wholesaled property. If you are buying from a wholesaler what is your due diligence phase before you write a big check to a wholesaler? Would yo...
Kurush Italia
Wholesaled my first house completely virtual
Hey Everybody,It feels good to finally say that I completed my first real estate transaction! I joined biggerpockets early last year and started learning as much as I possibly could.. maybe even for a little too long....
Account Closed
CA Handyman (not Contractor) has started asking for $500 in Labor per job
Am a NY licensed contractor who moved out here to LA county barely a year ago.. my CA contractor license is still pending. So in the mean time, I been keeping busy with working on my own properties and a few small lan...
William Hall
Complicated Legal Issue For
I like some advice on a legal issue I've been dealing with for years. In '94, Dad met a real estate agent, loaned him 20K, they did a few deals that went OK, and then in '97, Dad borrowed another 20K out of our 4-uni...
Ken Rishel
Anti Money Laundering – a Technical Explanation
From another client report (this one from 2012) - sans footnotes and references.All Americans are experiencing the expansionist wave of government control over all of our activities, and businesses are being increasin...