Alison Pels
Brooklyn PLG mixed use rental
Hi bigger pockets! First time posting after a couple of months lurking :) My fiancé and I are in contract to buy a 3 story mixed use building in PLG Brooklyn NY which needs a bit of work to get into rentable shape. Th...
Randy G.
Should I sell my flip to my wife with 135k equity
I bought this flip a couple months beforeWe got married under my llc. Should I sell the property to my wife for 200k to pay off hard money and keep It as a rental? ARV 335k. Rents go For $1700-$2000.I think she can ...
Matt Schelberg
No Buyers Agreement Prior to Offer...Now Realtor Seeks Admin Fee
A question for foreclosure buyers from a novice: how common is it for a buyer's agent to charge the buyer a flat "office admin fee" for a foreclosure that closes? (fee is in addition to 3% commission). Purchase pric...
Nik Sig
Question: Acquiring Tenants for Apartments
Hello,
I am a student at Northwestern University and am conducting a quick survey for one of my classes. It would be greatly appreciated if you took a few minutes to reply to this email with brief answers to...
Stephen Foltin
What a Winning Bid Looks like?
Hello all,I am in Charlotte and have now been outbid six times in six months. I have tried offers with $20k over asking, guaranteed offers, guaranteed money over appraisal, and lately a combination of all of those. Ev...
Ahmed Souissi
Property is vacant and owner had bankruptcy many years ago
Hello, this house have been vacant for a long time so I decided to search the owner and give her a call she said that she had bankruptcy and don't know nothing about the property for many years, and said that Wells Fa...
Stephen Kiser
On week 2 of direct mail campaign ..
Hello everyone, After 1.5 years of selling residential real estate and being stuck in analysis paralysis I started a direct mail campaign. My goal is to get my phone ringing with motivated sellers. I want to be able t...
Brad Gibson
Looking at a Fourplex
Im currently looking at a Fourplex in West Texas.Unit 1 -- 3 BR 2 BAUnit 2 -- 2 BR 2 BAUnit 3 -- 3 BR 2 BAUnit 4 -- 2 BR 2 BAAll four units are rented at $625, $525, $625, $525. Total monthly income is $2300. It has...
Lynette D Nickleberry
So glad I incorporated!!(?)
Trying to decide if it's time to incorporate as an llc. Share accounts when having an LLc has worked to your benefit. Moments when you said, "soooo glad I incorporated!"Thanks!
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 ...