Hi All,New investor that just got pre approved for a combined loan with my business partner. On this first deal I’ll likely be putting in 25% of the down payment and he will do 75% due to having more capital. We are l...

Hi,I just wanted to take a poll to see if any investors had a preference between Elance or Odesk or do some of you use them interchangeably? I started with Odesk and now I'm exploring Elance.Does it come down to a mat...

Hello everyone.  A group of three investors, myself included, are currently looking to purchase buy-and-hold properties.  Each of us has an LLC and are sharing all of the incurred costs to purchases the properties. I ...

I am a general contractor in central California. I have been doing foreclosure repairs for an investment company for the past 3 years. We have always done our work for them on a T&M basis.

I am now starting to ...

I used a few different companies to do rehab work. I have used them in the past, know their work. One is also a GC, the other not. Both do great work and are reliable. A Realtor told me I should use an independent GC ...

Hello, 
My tenant signed the lease at the beginning of June, to move in mid-June. This lease included a pet addendum for her 2 small dogs. Now that the first full month's rent is due (after she has already had the ke...

Hi everyone,I've been on bigger pockets for about a month now reading and learning about real estate investment. I wanted to ask the community questions about building my team and hopefully get some help. Scenario: I ...

Is a LLC necessary for conducting a wholesale deal?

A friend of a friend approached me with an offer:
He will get me leads on properties that I have for free! Yep Free! But …. If a sale is made for one of his leads he wants 1%.
What do you say? Would you make a deal li...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $68,100

Cash invested: $35,000

Sale price: $170,000

Bought a dilapidated foreclosure. Renovated the basics of ...