Ben Lake
Note Seller Providing Sparse Details - Not Sure How To Proceed
I am an aspiring note investor and have decided to start by brokering to build capital. Since these are common concerns, I should start by mentioning that I have no delusions of getting rich quick, am not misrepresen...
Eric Dubrule
Tax credit for lead abatement
In August of 2013 I paid $7,680 for lead abatement. I am eligible for $4,500 lead tax credit through the state of Massachusetts. My question is, do I still claim the 7,680 as a deductible repair expense or do I ha...
Ken K
Commission sharing
I'm not a licensed realtor, but I'm considering that possibility for legal reasons relating to the sharing of commissions on leads that are more suitable for a retail sale than for a rehabbing. Before I discuss this ...
Craig Shute
Some guy listed MY house on Craigslist
I sell manufactured homes and I saw a listing of one of my homes with the same pictures, different description and triple the price on CL. I confronted the guy and he seemed to think he was doing me a favor. I got him...
Spencer Faulkner
New property management company
Hi everyone, I have recently started a property management company in Cincinnati Ohio. When we first started, I had acquired a 24 unit acquisition. We're doing everything; offering 24/7 on site maintenance, apartment...
Account Closed
Deal Flow: Anybody else having this issue?
To fellow wholesalers nationwide your thoughts and ideas are appreciated here:2010 -2014 We were closing about 20 - 30 wholesale deals a year. 2015 as well as 2016 things have slowed greatly on deal flow in our whole...
Allen L.
Permit expired, contractor walked away, what next?
Hi all,
I have quite a big problem. The GC that I contracted to rehab two properties took the money, finished partially, and then walked away, no longer replying to my calls and texts. On one of the houses, he pulled...
Tony Bermeo
BRRRR Advice on building a team
Hi everyone, I am starting to explore the idea of jumping into BRRRR investing. Without too much fluff i'll cut to the chase, as someone who does not have a "team" ready to deploy for the various services needed to re...
Wayne Woodson
How Much of Your Profits Should Go Back Into Marketing?
What percentage of your real estate profits should you be putting back into your marketing? I was told by someone 20% but I wanted to check with a few other investors to see if this was a right number or not.
Gilroy Buller
Wanted to created a LLC and was told by a Lawyer that I was not able to.
Hello BP Nation, I have a situation. I was trying to create a LLC and was told by a Legal Shield Lawyer that I am not able to create a LLC in Real Estate Investing if I don't have a license. Is the true? I live in...