Daniel M.
A deal too good to be true?
I've been presented with an unique opportunity that sounds too good to be true. I'd appreciate if anyone could offer some input. I met with an investor at a property he owns free and clear. He bought it the first week...
Craig Comstock
Has anyone started an LLC for flipping houses?
I recently bought a new property and started renovation with a contractor. I plan on selling it and using the funds to buy another property to renovate. I was wondering if anyone has started an LLC to flip houses and ...
Jake B.
Can you buy and resell a property at the same time?
Hello BiggerPockets community, hope everyone is safe out their . *Scenario: I find a home for 500k and seller is willing to pay half of closing .You know someone who wants the same property.*Question : Am I able to ge...
Stephen D.
New proposed rules and regulations about rentals
I'm a bit ticked about the proposed rules they are trying to get passed in my HOA. Their premise was the rules were created by the developer back in 2004 and is sorely outdated in comparison to what is available to...
Will Barksdale
Ownership percentage vs. profit allocation percentage
BP,
I have an interesting question regarding ownership percentage vs. profit allocation percentage within an LLC.
I want to have an operating agreement where party A owns 60% of the LLC and party B owns 40%. Addi...
Chase Gochnauer
Note holder deceased.
Hey all,I have an accepted amount on a note for about 28% of UPB. The owner is deceased and a family member is living in property. I believe they tried working something out with family member but he is no longer in c...
Matthew Rembish
Creating an LLC
Does anyone know what a typical LLC will cost to form (in total)? I live in NJ but am willing to set it up anywhere as I believe that doesn't matter, right?
Luigi Gutierrez
cowholesaling
Im 17 years old. I look forward to start co-wholesaling, I have a significant amount of knowledge to haul in a pool of buyers ready to invest in or buy properties. The thing is, can i sign a co-wholesaling agreement i...
Pooja Gupta
Seller Tenant stay in home for 15 days after closing.
We close a deal for a house on agreement that seller tenant can stay in house for 15 days after closing. We ask our agent and he told us we will be getting rent for 15 days. Now, the seller is not giving us rent for 1...
Adam Dudziak
What should I consider before terminating my general contractor?
I have been working in house rehabilitation for about 10 years. I’ve done all the work myself but my most recent project I brought in a general contractor to help scale my business. We established a contract that in...