Darwin Jimenez
Acquiring properties through an LLC
If I am going to invest in real estate through an LLC, will I be able to buy and hold or rehab properties in any state?....So for example if I file for the LLC in Maryland, can I also go into DC or Virginia to invest?
Matthew Rodriguez
Creating cash out of first deal
Hello BP community! I am trying to do my first real estate deal and am wondering how to structure it. I have found a property for $295k in a nice neighborhood with an ARV of $385k the seller acquired through adverse p...
Nick J.
Riddle me this Batman
So a property management company who I will obviously never use again has bounce $4217.19 worth of checks to me :roll:
So I show up to his office this morning and tell him he's a SCUMBAG(MikeOH style) and to pay me ...
Shelley F.
Deed 'in lieu'
Hi folks! I have not posted in a long time, but have been very busy with both my real estate projects (I consider myself an entrepreneur more so than an investor) and my family and 'real' job. My real estate projects ...
Bryan Barry
What happens if financing falls through on the buyers end?
So, lets say I have a standard wholesale deal set up. I have a seller and an investor. I get the property under contract as per usual, with a financing clause that holds me (the "buyer") free of obligation if I don't ...
Kevin Tillery
INVESTORS BEWARE OF THIS COMPANY
INVESTORS BEWARE!!!
The first and last 60/40 JV deal I closed with this company (see below) settled on 10/28, Monday morning. It's now Friday evening, 11/1, and I still haven't received my money. An amount sent via ...
Tom Kelly
Using a false LLC to buy and flip properties
Earlier this year I almost entered into an LLC with partners. A tax ID was established, an LLC was established in Florida and that was it. The partners could not agree on terms. I never signed a document nor invested...
Jordan P.
What "never fails" BRRRR ops system have you masterminded?
Hi BP community!First post here and super excited to learn the tricks of the trade from all you real estate all-stars. Your breath of knowledge never ceases to amaze me!My husband and I are getting into the BRRRR game...
Chris Eaker
Oral move-out notice, but can't get it in writing
Tenants in one of my units plan to move out on July 31, 2016. They called me in mid-June and told me there were going to move out, and I told them they needed to send me a written notice. Well, it's July 11, and still...
Donald Howaniec
credit check vs public record
Question: I am sure many of you have run into this in the past, where a credit check will show nothing regarding public records (judgements, evictions) but I find them on the public record. Sometimes it is that the a...