Hello BP members how important is it, if important all all, to form entities such as LLC'S for your wholesaling business?
Everyone,
I've got my first deal on the radar. It's a duplex with both sides currently rented out. One side has a leased signed until 12/31/11. The other side has the tenant on a month-to-month lease.
This bei...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/37791/small_1621389171-avatar-frenchmike.jpg?twic=v1/output=image&v=2)
A year ago, I bought a ppty in Texas, and after submitting my offer, I was countered, I went up in price, and I got the ppty.
I asked my realtor if we could verify that the counter was legit, and not a trick from the...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/499227/small_1621479449-avatar-ethanpainter.jpg?twic=v1/output=image&v=2)
I am just beginning my wholesaling journey in Lansing, Michigan. I am working on creating a purchase agreement. I realize this is something I need to have my attorney look at, and I will once they are finished. Howeve...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1069902/small_1621508395-avatar-zachariaht3.jpg?twic=v1/output=image&v=2)
I am wondering if anyone is familiar with wholesaling in UT, and the legality involving holding a real estate license while offering a wholesale contract. I recently came across a property in UT, and prepared comps, ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/339799/small_1621445298-avatar-delahooke26.jpg?twic=v1/output=image&v=2)
I am new to wholesaling I have not yet made a deal but I am look forward to my first one, but I must admit that I am a bit nervous. I have been doing my research and I have a good understanding of the business. One th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/495906/small_1621479278-avatar-stephaniezip.jpg?twic=v1/output=image&v=2)
I'm looking at buying an investment SFH property in our town with the primary goal being to have a safe, decent place to offer to one of our young adult children (not legally a dependent.) I'm curious if anyone has ex...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2127189/small_1630203367-avatar-andys217.jpg?twic=v1/output=image&v=2)
OK, we are looking at a property and contacted an agent (our usual agent was unavailable for 2 weeks) and we looked at it. Drafted up the offer using the new agent and in the contact package is the section shown here...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/204347/small_1621433026-avatar-pba2112.jpg?twic=v1/output=image&v=2)
Hey BP folks - I'm a new investor and need some help getting over the challenge of getting deal number one.While there's a ton written about due diligence check lists / process, I'd like some advice on pre-LOI diligen...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/745068/small_1621496557-avatar-chrisv61.jpg?twic=v1/output=image&v=2)
I'm putting in an offer on a vacation rental that has a long-term tenant currently. I asked my agent if I can please have a copy of the current lease agreement for the tenant, and she said that the seller wouldn't pro...