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I am looking to wholesale a few deals in Columbus but am having trouble getting sound accurate legal advice to the legal/ethical ways I can do this.From what I have learned so far there seems to be at least two concre...
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Are shareholders to take a percentage of total deductions based on their share of income on their K-1's or the full amount. For example if a shareholder owns 20% of the LLC do they take 20% of the deductions on their...
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Hey everyone! I'm new here to BiggerPockets. I am a full-time Realtor in NH & ME. A few months ago I started attending a local investors meeting and have become obsessed with learning about real estate wholesaling...
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I'm looking for a way to increase the amount of seller credit at closing. I have a deal for an agreed upon price i.e. 300k, but it's worth more, i.e. 350k. So i'm "purchasing" at this price while trying to maximize th...
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I'm using the flat percentage of ARV method to come up with an offer price for a property which just multiplies the ARV by a certain %. However, certain markets have different rates. Folks who use this method start wi...
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Hi everyone, I needed your help. I’m trying to get started with the BRRRR method. The issues I’m facing is that although I own a couple of properties already, in order for me to use BRRRR I would have to sell one or d...
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If you acquire a 3-4 unit property and there are tenants there already, what is the best legal method you have done to remove them so you can pick your own tenants base on your screening methods. Reasons I ask:1. I do...
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Hey everyone, My wife and I are looking into the purchase of our very first STR here in Michigan. Thinking we will cater toward the Ski (winter) / Golf (summer) crowd on the North/West side of the state…My question fo...
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Hey BP friends,
I'm trying to put together everything I need to begin wholesaling HUD properties. How does it differ from wholesaling regular properties? What are some good strategies for pursuing this method, especi...
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This post is for seasoned investors.
You are starting out and do not have a mortgage, yet. You work a stable job and make $5K a month. You've been able to save up and have $50K in liquid cash. Your goal is to c...