Jerry Tunnell
Do I need a real estate attorney
My son and I are buying 3 multifamily apartments in Knoxville TN. We are paying cash. Do we need a real estate attorney to review the closing documents. We will have 3 days to review them before closing
Matt W.
Attorney representation at closing: 18 unit residential building
I'm preparing to close on an 18 unit residential building. An attorney quoted $3,000 to represent me a closing. Does this seem around what the fee should be? Thanks!
Steven Vitrella
City prevents replacing Mobile Homes?
Hello BP! I'm trying to put a 30 lot MHP under contract, but the apparently the city will not allow new mobile homes to be placed in the park. This includes replacing an old/ugly homes with new/newer ones. I have the...
Morgan Hankerson
Hello BP!
Greetings BP community,My name is Morgan, I'm 27 years old and I don't know anything about real estate! I currently work in healthcare but real estate has always been something I wanted to get involved in, but I just ...
Fasil Khan
Choosing a business name
I am in the process of creating a real estate investment company that focuses on flipping and rental properties in New Jersey then the possibility of expanding. I am looking help to pick a name as of now I am thinking...
Tim Johnson
Completed my first private money loan deal
It's in the books!I posted on BiggerPockets almost a year ago asking for help - should I lend money to two rookie investors who were needing at least $12k to finish renovations on a foreclosure flip... https://www.big...
Cooper Marcus
How do single-property LLCs typically allocate investor losses?
How do single-property LLCs (I'm most interested in multi-family, but I'm guessing this answer could apply to any property type) typically allocate tax losses to their partners/investors?For example, if a given proper...
Jacob D Adamczak
Starting a partnership
I am looking to partner on a flip with two other investors. Besides clearly defining who will do what and pay for what, what should I do to make this official. I trust the other two partners but I don't know if this...
Sterling Chapman
Is Tidal Loans LLC legit?
I have several duplexes and single family houses in balloon loans that I want to refi into 30 year fixed. Tidal Loans is saying they will do this but have mixed reviews and shaky communication. Has anyone ever used th...
Tyler Bushey
First flip partnership
I may be partnering on a flip with someone, it's my first project and I'm curious about what common partnering terms are. Thanks in advance!