Tony A.
Seeking Mentoring/Coaching for getting started in Missouri!
Hey BP, I've been on the site for a couple years now along with reading literature on the side while also attending school. But I've made-up my mind I want to be a REI, I WANT THIS and willing to do whatever it tak...
Jack Black
Sharing Commission to a non licensee
In Florida a sales associate can share their commission as long as you fully disclose it to all parties but I'm confused with the following statement in my pre-licensing course:A sales associate wants to give the asso...
Ronald P.
Taxes and wholesaling (LLC or not)
Hey all,
As I step forward into my first deal different things are coming into my head and this time it's taxes. I am pretty ignorant when it comes to this topic because I never had any real world experience yet.Let'...
James Popp
When and how do realtors get paid in a wholesale deal?
Do realtors make their commission based off of the price I negotiated with the seller? Or do they make their commission based off of the price my cash buyer bought it for? If it is the latter, then in my mind I'm thin...
Bryan Hancock
Is It Ethical To Structure Seller Financing on Wrap Transactions With the Intent to Default?
This subject has been poked around in several posts on BP and I am interested to know what others' opinions about it are. For the purpose of this thread "seller financing" is defined as follows:
1. The seller has a...
David S.
Due on sale clause question!
How do you guys usually go about making sure your lender doesn't have a problem with you transferring a property into an LLC or other entity? From what I understand this usually is never really a problem but is there ...
Morris Lucas
Ethics in Direct mail??
I was having a conversation with a family member in reference to doing direct mail campaigns to find wholesale or lease to own deals. I was very surprised to hear his reaction to my strategy.
His thought of an invest...
John Sherron
No Fail Wholesale! Contingency Nightmare!
Quick question BP Family! I've done a couple wholesale deals in the past but they were insane to say the least. Mind you I am self taught so that definitely didn't give me an advantage. I found it rather tricky trying...
Patrick Wheeler
Being Forced To Have Your Equity Bought Out?
Hey Everyone,I had a partnership with two others during the acquisition of a couple properties, both of which are still currently being renovated. Leading up to the purchases, we had a verbal agreement of a 45%/45%/10...
Corey Thompson
We slammed 781 bandit signs the weds night before Thanksgiving
The city is off, so they won't be pulling your signs. Other investors are lazy, so they eating left over turkey, they won't be pulling your signs. Our signs will produce 10 buys. Signs have already produced a 400k ...