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Hey All,After hours of research, reading and using BP Forums to ask and read questions and answers, I (think) I have decided where I would like to focus in regards to purchasing my first Rental property.Before I would...
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Hello Community, In Virginia, do I need and attorney as a wholesaler to flip the contract? Or do I just need to make sure that the contract is worded properly and protects my interests? Do I necessarily need to get su...
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Hi BP,I'm working on my first deal and have not yet reached out to a real estate attorney or title company. I'm curious to know what is more common in NJ. I'm looking for leases and making sure the deals are legally s...
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I’m working with a real estate agent on a wholesale deal. I have a potential cash buyer lined up for the deal but the agent wants a POF in order to represent my offer to the seller. How would I get a proof of funds as...
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Hello Bigger Pockets Friends!
I purchased my first 3 rentals last year and this year part of my goals are to get them stabilized. A step in that direction is to transfer the titles to an LLC in which I am the sole me...
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My name is Bethany located in St. Paul MN. I am a first time multi family buyer. I have an off market triplex that that is in bad condition that I want to put an offer in tomorrow. I need a contractor experienced with...
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My property manager said, "I need a W9 from you to complete your 1099 correctly. I am required to send you a 1099 that states your rental income."
Is this standard practice, and do I still need to get a W-9 from her?
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I'm in the process of getting a landlord insurance policy quote. The rep on the phone says their landlord policy doesn't require a landlord to screen tenants. I'm a bit surprised - if I were the underwriter I would se...
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I just bought a forclosure at the courthouse steps. Had quote for insurance all lined up. The house is occupied and I'll have to have the people evicted. The insurance underwriter wants an electrical inspection with...
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Hello All, I would like to know if it is a common practice that the Hard money lenders charge a loan origination fee anywhere between 2.5 - 3.5 points on top of the interest rate 8-12% ? Also, is there a better option...