Atwan Kwan
Wholesaler Taking Too Much Pie....?!?
Do you care how much the wholesaler is taking from the deal?..... When you get a deal, does it make a difference to you how much the wholesaler is making?If so, how do you know how much he took for his cut?
Dan Fisher
Self Directed IRA Lesson Learned
Hello BP community. Recently I purchased properties through my SDIRA account. I was shocked to find out that I was charged a $35 wire transfer fee for the rents received. That means that every year that I collect rent...
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commission/fee problem??
I am currently working with what I would consider a really GOOD investment property buyer broker. I have yet to buy any property from him. No showings either. We have a casual relationship at the moment where he sends...
Justin Luyt
Contract Assignment: When the end-buyer does NOT close
Hi all,
I am a new wholesaler and focus on residential "contract assignments". I recently got a contract assigned and accepted the deposit from the buyer. The partial assignment fee was taken to the title com...
Francisco Garcia Jr
Stated Income Business Lines of Credit too good to be true?
What is your feedback on companies that claim to offer a product like this? The main funding option which most of our clients love funds up to $200K, No income verification needed, No collateral, and O% interest for 1...
Richard Sanford
business lines of credit
what is the criteria to obtain lines of credit? Business or pesonal lines. Can you choose to go stated income for both ways? Or is that left entirely to the lending institution? Is your personaal credit a determining ...
Joshua Sun
Advice on how to pay for labor, equpiment and supplies first BRRRR property.
For labor we were thinking of using our business checking account to wire money or even use Venmo through our business account.For things such as furnace, flooring, paint, lighting, etc. we were thinking of using our ...
Chelsea Allen
American Express Platinum business credit card
Hi everyone,I currently have an AmEx platinum for personal use for which the annual fee is $695. I was thinking of getting one for my property's LLC and then adding myself as an employee with a separate card, cancel ...
Del Reese
Private lenders on Myhousedeal.com
Has anyone on BiggerPockets dealt with the private lenders on MyHouseDeal.com? Wanted to get some feedback before I reach out to some of the private lenders on their site.
Chris Carrigan
LLC or Umbrella
Having a hard time making the decision on putting a new STR into an LLC or just getting an Umbrella policy. In NC it costs about $450 a year in fees for the LLC (Annual Report and Franchise Fee). I currently pay a C...