Christian Hunter
Is wholesaling illegal without being a broker or owning title?
Hi, ive been wanting to start out in the REI game through wholesaling properties, but have come across some information on BP that it is illegal unless your a licensed broker or have a mass amount of knowledge and ski...
Henry Clark
Self Storage- LLC Operating Agreement
Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
Michinori Kaneko
Property manager pocketing late fees
Hi BP,I have used my property manager for about 9 months now, so far i've been happy with what they have been doing. I signed a contract with them back then, and every property which I have acquired and managed has b...
Mark Brogan
this is why you do NOT just put houses under contract
I met a wholesaler in my area last week,he had what I thought was a good deal on a house until I had a preliminary title search done and found out the house had lots of liens and back taxes on it.Would any member of b...
Lauren Hogan
(SURVEY) It's tax season and we have a few questions!
BiggerPockets would like to know how you approach taxes. I've created a (less than) 5-minute survey and it's completely anonymous. You can take the survey here: https://www.surveymonkey.com/r/MJY6RD8 Thank you to ever...
Kumar Chin
How to bypass Dodd-Frank? Lets discuss options. Anyone?
I have been doing a lot of research regarding the Dodd Frank act. I have a couple of ideas that might help avoid legal issues with Dodd Frank. I spoke with my attorney yesterday and he said on one knows if rent to own...
Account Closed
Do Wholesalers lie about actually being a Cash Buyer?
I have called a few respondents to a Craigslist ad that I posted a few days ago. Apparently, most of the respondents were "cash buyers", so they say, and not wholesalers. I took their criteria information down but do...
Mary Hoyt
paying more than appraised value?
Ok, we went back to the drawing board last night and decided what kind of cash offer we are comfortable with on this distressed triplex (a 1935 house turned into a triplex in 1995 that has stayed at 90% or higher occ...
Nadir M.
Am I charging too much?
Recently closed on a house and just listed for rent. Been listed for rent for four days now and only had one application. Applicant credit score too low so decided to pass. We are approaching the Winter season and it’...
Jayme Jahns
Buying house with a possible break even or negative CF
Hello, I am looking at one of the last options in my price range of a duplex in Auburn, WA. List price is 235,000. But rents are only 1390 a month. We are shooting for offering 215 and counting on raising rents to at ...