Ashish Maheshwary
Transfering title to LLC
Hello everyone,
I am a new investor and am trying to set up my business entity before I dive into the game. I have talked with 2 attorneys and both have given me the opposite advice. One said to create a LLC (singl...
Adam Blachnio
Why Most Of Investors Invest Only In Local Market?
I found that investors are focused on their local market because "they know it" even if return rates are much, much lower than in other areas...If they decided to be REI, so assuming they want as high return as possib...
Chris Hutchens
Who is investing in San Antonio TX ?
Hi all, Who is investing in San Antonio TX? And what is your most recent deal?Just trying to get a thread started and meet people that are investing in San Antonio.
Karin Crompton
How far does "We don't know nuthin' " - i.e. As-Is, Where-Is, No Disclosures - extend?
I realize this may vary by state and by entity, and that in the end it's probably a question for an attorney. Still, I'm interested in hearing some BP members' thoughts.
We had an offer accepted on a bank-own...
Arlu Tejada
Agents not working diligently??
Hey everyone.
Right now, I am currently throwing as much spaghetti offers on properties that I have pre-qualified as a good investment. Now, I'm starting to have a problem. Some of the listing agents that I ...
Account Closed
Investors are evil.
Title catch your attention? Good, because this is the (incorrect) message my mind has been bombarded with for the past couple of weeks. I'll give you a bit of context to work with: I am currently taking the mandatory ...
Sharon Vornholt
Exit Strategies For Wholesaling. What Is a Double Closing?
What Is A Double Closing?
A double closing or simultaneous closing as it is sometimes called is when you (the buyer) actually take title to the property just before you sell it. This means that your name or the name...
Ally Kumar
Inheriting a long term tenant that is paying late but catches up
I am buying a duplex and inheriting a tenant that has been there for 4 years, a single mom. It seems she is usually late with rent payments but catches up within few months. She is otherwise good tenant and keep her u...
Michael Healy
What if you're not handy???
So, something has always bugged me a little bit reading these forums and blog posts. If someone is self managing a few MFH, why does everyone seem to feel they have to run over at 3am to deal with a clogged toilet? W...
Matt Bell
Paying contractor for bids?
Hello BP Crew,We recently had a contractor in Montgomery, AL go look at some potential properties we were going to bid on and one we had a contract on. He never mentioned charging us for anything and we just asked hi...