Mitch Kronowit
Is there a conflict of interest here?
This isn't quite a hypothetical question, but I'll keep it general in nature.
I've noticed a few husband/wife teams (or couples in alternative relationships) where both are real estate professionals. If one were the ...
Greg Wright
Working on IRA property
I understand you can’t do any work on a property your IRA owns. What if you have a portion of that property owned by a LLC? Can you argue you are doing work for the LLC portion?
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Buyer's broker not turning over Earnest Money
I have a home in Woodstock GA that has been under contract twice now and both deals fell apart due to financing issues.
Deal #1 fell apart 3 weeks after closing date with some no name agency. Buyer was well past the f...
Will Velazquez
Brokering Lease Option & Seller Finance Deals
hey guys, new to BP but I'm looking to brainstorm/mastermind with other real estate agents or licensed investors across the country who are successfully brokering lease option & seller finance deals.
Even if you'...
Marc L.
Seller Finance --- Help Needed
Back story: August 2011 my family moved from TX to MS. My dad had moved from MS to TN and his house in MS had been on the market but not selling. He agreed to sell us his MS property at no interest so that he wouldn't...
Jay Hinrichs
latest identity theft and property scam and how to protect yourself
some good info here on protecting yourself from scammers especially all the folks on BP that own properties in different states you are a target. From the DRE of CA I got this advisory this morning.Law enforcement age...
Patrick Britton
wholesaling to a buyer using seller financing
I have a situation in which my wholesale deal requires either a cash buyer or hard money lender and thus $45,000 or $13,500 respectively. both these amounts include the assignment fee. What issues might there be if ...
Fred Ramos
How buy a FSBO??
Hi all.My wife and I have managed to buy a few investment properties but they all have been through a realtor. Our dilemna now is that we have found a magnificent deal but it is a For Sale By Owner. Since we haven't p...
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Purchase Contract ?????
Just wondering if I'm in the right here. I saw a property that I'm interested in, I call the realtor back and give him an offer on the property with all my reasons why my price is right on. He agrees and says I'll sen...
David Campbell
Forming a partnership without an LLC
Has anyone done this? For taxes purposes and to keep the money apportioned correctly, it is even possible? Thanks