Andrew Yu
Responsible Party Name and Tax ID on SS-4 for My IRA LLC
I have an IRA account with uDirect IRA. Later I realized it doesn't allow account holders to sell what they don't own. So I can't do wholesaling with my IRA account. I decided to create my IRA owned single member LLC,...
Ray Hurteau
Help needed with COMPLEX deal involving 3+ parties (lease option & private money)
Hello BP Forum... My partner and I have a potential deal and it's not straightforward... we've never done a lease option, but we're not about to let a little complexity discourage us from this deal.
What will discour...
Lesley Resnick
When did Bob and Betty Bad-A** move to our BP (Block Party)?
I am seeing an increasing and alarming trend on our site, yes it's our community! People have become down right rude and nasty. I may not agree with you, but I am NOT going to personally insult you for having an opt...
Kirk Gore
What is the best way (for all parties involved) to close a wholesale deal?
So I've found and negotiated a great price on my first prospective wholesale deal. I'm very excited and super nervous to move into the closing process. I printed out a purchase contract and an assignment contract from...
Kairav Sai
Cons of Raw land to be sold as paper lots through a 3rd party?
Hello,I've stumbled upon a deal where a group of individuals are buying raw agricultural land in Waco,Texas. They are selling investments through shares and registering as LLC. They plan to buy 260 acres of land, get ...
Brandon Turner
BiggerPockets 10 Year Anniversary Party! Come Celebrate With Us in Denver on October 22nd!
Hey folks,Yep you heard us right! BiggerPocket was started 10 years ago this month, so to celebrate we are throwing a BiggerPockets Party on October 22nd in Denver, Colorado. So for those of you who live near Denver a...
Jeffrey Magenes
Too late to join the California Appreciation Party? How to play this up market?
Property prices have accelerated to almost 2007 prices and higher in certain areas. WOW! I'm a bit hesitant to jump in now if we're looking at another downturn UNLESS the numbers make sense.So how is the smart money p...
Leslie Sultan
Any broker/agent successfully sue a party who tried to cut you out of commission?
I'm wondering if anyone out there has successfully sued a buyer or seller for cutting you out of a commission. I have a client/Broker who is in this boat (oral agreement ONLY, no written contract, just emails) and I'...
Silver A.
The other party is not interested in the deal because you are making a profit?
Here's the question - why are some sellers/buyers disturbed by the fact that the other party in the deal is an investor and will end up making a profit?
Last year I had a potential buyer coming to see a property and...
John Fierke
Massachusetts - Can I purchase right-of-way land from the 1 of 2 burdened parties?
We are using this house as an STR and it's actually in northern Berkshire county but there's no Location selection for that area. I've attached a snippet of our survey. The right of way is for all practical purposes...