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Hello BP. I have a question on what legal things have to be set up in order to bring on financial/equity partners. I am working on a few big deals right now and have a few guys lined up to help me finance them. But af...
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Perhaps I'm generalizing, but I see some heavy hostility towards the idea of whole-saling in the forums. Why do a lot of members seem to be so against wholesale? I've seen "unethical" and "shady" thrown around a lot...
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Hello everyone!I am a new real estate investor starting out in wholesale. I have been trying to learn more about wholesale and have found out that there are two camps pertaining to this subject.There are people who be...
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33 Alabama counties have switched to the new tax lien auction system familiar to investors around the US. No more of the arcane traps lurking in tax certificate and tax deed sales that can lose money for the uninform...
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There's numerous stories we read describing instances of tenants and guests refusing to vacate properties, and the government supporting them in that endeavor. How do you feel knowing there's a variety of situation...
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Hi All,My partner and I met with our first private lender yesterday, he was very knowledgeable, successful and in general a good guy. We were throwing out questions about REI and came across wholesaling and he said t...
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A little over 3 years ago, we initiated a system on the site called 'influence'. This
Influence System was designed to reward those users who engage and give back to BiggerPockets.
At first, the system was lauded al...
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Hi.
I have 4 rental properties financed through 3 different mortgage companies. 2 of the 3 told me today that they would call the mortgage due if I transfer the property to an LLC.
I am waiting to hear back from the...
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Hello.
I have a house listed fsbo and was contacted by some one that sent me this
"Thank you for speaking with me regarding the property located at S. 42nd St. After researching the property, I am interested in mak...
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Yesterday, we closed on this 41-unit apartment deal and netted $627,643.32 in profit (just from the sale). We actually made MORE than that because we've made good cashflow from the apartment building during the time w...