Katherine Hamilton
Realtors worried about the future of the industry?
I'm a journalist working on an article about how the recent news about the head of NAR and the tough housing market right now is impacting Realtors and the Realtor industry. I'm based in Virginia, so hoping to get a p...
Seth Whitenton
Preparing to buy my first property
Hello everybody,I have been a lurker on bigger pockets for a while now and have learned a lot. I am in the process of buying a rental property and I plan to put the property in a llc. I have filed the llc with the sec...
Brian Stutzman
Entity Sturcture for Long Term Hold Situation
Hello (I posted this in a subforum but it seems to better fit here). My wife and I are nearing retirement and own a couple rental homes that are finally paid off. So this is simple. No partners, no mortgages, nothi...
Alysa Demetre
New Exclusivity Contract and Buyers Fees in Ohio
Hi, I'm looking at a a new realtor and he asked me to sign an exclusivity agreement and in it compensation to the brokerage is $350 and 3% with a minimum of $3500. He states it's because of that new lawsuit with the s...
Tony Gatto
Hey anybody every hear of equity stripping?
So i get this email and link http://alaiello.com/equity-stripping-jg.htmAnybody ever hear of this?tks
David Ivy
Austin Plans Crackdown on Unlicensed Short-Term Rentals
The City of Austin has entered into a pilot contract with Seattle-based company, Host Compliance, to provide data on short-term rentals in the city. A Code Department memo issued July 19 this year reports more than 10...
Andrew Thomas Sherman
Looking for a Bank in Los Angeles, California
Hello, fellow BP'ers! I'm new to real estate investing and I've just finalized my LLC here in California. I'm looking to open a bank account for the business and will likely choose a local bank or credit union. I'v...
Account Closed
LLC vs Umbrella Policy
I learned today that I cannot have a secondary market bank loan in an LLC name, so if I want to save on an interest rate as I can with a secondary market loan, I can't inside an LLC (I have to carry it with a bank int...
Albert Johnson
Can a tenant break the lease for health issues?
Tenants never complained of a health issue. Now they are stating since moving here they developed severe allergies and other issues, and have been going to the ER quite often. They plan to vacate Dec 1st. Lease expire...
Matthew B.
Single vs. Multi Member LLC
I often hear that you should always have at least 2 members of your LLC, even if one member only owns 1%. It supposedly makes it more difficult to pierce the corporate veil in the event of a lawsuit. Is there any trut...