Blake Ramsey
1% equity for 50/50 management?
To set the stage, my business partner and I sinvested 50/50 on 3 single family homes in Colorado Springs this year at the age of 25 (average purchase price of 230k-240k). He has recently purchased 2 more homes on his ...
John Cantu
Wholesaling without a license in Texas
Hello! I'm new to REI and like many, think it's a good idea for me to get into whosaling. I recently ran across the debate of wholesaling being illegal without a listense because the wholesaler is essentially brokerin...
Jason Clark
This Landlord Stuff is Hard Work!
This is just a minor vent session but I got my first taste of real world landlord work this past weekend. And not the good kind. Not the "retire by 40 and travel the world" kind but more of the "your tenant will try a...
Senta J.
Issues with General Contractor
Hi All,I am hoping I can get some advice regarding my situation with the general contractor I hired.My husband and I are doing our first flip and we took 3 months vetting general contractors to make sure we end up wit...
Jason Mak
Question regarding lis pendens and 2nd 3rd loans
Greetings BP Community,
Was hoping if any experience loan investors could help me out with some questions I came across when evaluation a loan for sale on auction.com
1) Basically, I am bidding for the 1st position...
Amanda R. Barlow
Wholesale Agreement/ Reassignment
Massachusetts Real Estate Pro’sQ: If I were to have a cash buyer and a property ready to be matched right now and I am the wholesaler, how to I go about signing the contract? What contract is used? Will the selling re...
Margaret Feit
Reporting Personal-Title Properties on a Partnership Tax Return
My husband and I are members in an LLC partnership that owns several rental properties. We also have a handful of properties that are titled in our personal names because we have mortgages on them that had to be in ou...
Spencer OBrien
Do I have a squatter? How to get them out?
I have no lease with a tenant I inherited and I am getting paid by section 8. I gave her notice to move out October 31st. They requested to stay until November 7th. Now they are refusing to leave. Do I have a legal te...
Robert Burns
Is Wholesaling Lease Options Still Viable REI Niche?
I recently considered shifting some of my REI business back to wholesaling lease options which I did successfully for several years. The last 2 years I focused on regular wholesaling "flipping contracts" but I though...
Christopher Lawrence
Comfort cat. Fair housing law question.
Hello,I was wondering if any of you have had a situation like this arise. I own a college rental property with 6 students renting for a yearly lease. They came to us as a group of 6 and signed the lease without ever d...