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Good evening everyone, I spoke with my broker this week about getting into wholesaling. While she wasn’t 100% for it, she didn’t say I can’t do it. Her issue is that she thinks I will be taking on a lot of risk. I per...
How many Wholesalers doing Double Closings are paying the Real Estate Transfer Taxes?These can be quite expensive in some places. For instance The State of Pennsylvania charges 1% of the sales price and the munici...
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Hello BP Community,My boyfriend and I are considering a flip and would like to get feedback from this amazing community. Our backstory: we are interested in flipping so we can build up our capital reserves and then mo...
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My wife and I are seriously considering jumping into real estate, thus being on this website. I've started reading a bit and we're hoping to purchase a multifamily unit here in Chicago as a "house hack." One concern I...
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Hi Guys please help us out here.We rented an apartment on 15sept and paid 2 months deposit to the owner. After 3-4 days we found there were bed bugs in the house and we contacted the owner to do pest control in our ho...
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Yes, I have questions. My LLC is in Wyoming I live in California. I did a private money loan in my Company's name to a couple in Oklahoma. Without going into all the particulars, a promissory not was signed for a shor...
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Hi, we have a tax deed auction coming up in PA, with over 1500 properties on it. I've been doing a lot of research and still have some questions for those who have done this before.
1) If a property has a long drivew...
Hello everyone. I have been lurking on BP for some time now, but with the start of the new year, I am really trying to put together my plan.
Here is my situation. I am an attorney with stable income, but look...
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Met with attorney last night to discuss issues re: first investment. One item was forming an LLC, which attorney said he could do for a bit less that $1000. Today, met with banker (Wells Fargo), and during the co...
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Hi, I'll try to keep this short. We have had a 60 year old single female renter since 12/18. We have since found out that she is an alcoholic. Most recently, she was drunk and was yelling out the window that she was l...