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Hi BP,I'm putting together my first multifamily deal with OPM.Is there any issue if I (the dealfinder) and my partner (the money) are represented by the same attorney?
Hello, I own a plumbing company with 40 + employees and mostly work under contractors that do remodel, new construction and commercial work. I want to know if this type of business qualifies as a “real estate professi...
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Hello, I just got started with PML with one of my retirement accounts. I was wondering where folks who partake in this business hold their capital when it isn't loaned out? I would assume a high yield savings might ...
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Hello everyone,
I have heard varying opinions from many friends about asset protection as related to real estate. To get an LLC or "no" LLC is the most common thread of discussion. I thought - why not ask the questi...
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Newbie here! and ready to “Professionalize” a bit - I’ve purchased a few properties over the past few years in my personal name. I want to make the next purchase - a 2 - 4 door property in Texas - in my LLC’s name (al...
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Has anyone ever used digital locks for long term rentals? Any learnings from that? Was it worth it or were there more troubles than expected? Any brands you recommend?I'm looking to replace the locks in our new units ...
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Some hard money lenders and brokers may have to comply with new licensing requirements for lending on residential property. Depending on what State you are working in, if you are lending your own money on residenti...
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Hi bigger pockets! I've got a couple rent houses and currently flipping my first house. I'm looking to really up my flipping action this year and try to make it a full time career. I attended the Fortune Builders c...
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Ok folks, here is the story. I have a friend who is a mortgage banker/broker and I went and got pre-qualified with him. I completely trust that he would do a stellar job executing quickly, making listing agents confid...
I had a "single" mother apply for one of my properties. According to social media, she is engaged to a guy and, as of 3 weeks ago, the relationship is in good standing.She never mentioned this guy to me and said she i...