Jason Malabute
got property under contract and setting up llc
Hi guys,I finally have my first rental property under contract. As long as the inspection goes good on Monday I will have my first rental property. I'm so excited.Questions:1. When should I start setting up LLC to put...
Justin Megna
What do I need to learn about contracts?
I'm a new real estate investor, aspiring to build a rental portfolio with management contracted out. I'm also open to flips and wholesales. I realize that all kinds of contracts are going to be necessary no matter wha...
Gina Qing
Builder trying to have us cancel the contract
Hi BP community, hope all is well. We got under contract for a new build with a developer via a realtor (she also represents the seller / the developer) about one year ago. We were informed by the realtor that the dev...
Account Closed
Breach of Contract - any ideas how to resolve?
Our tenants’ lease just renewed in May for one more year. Just after it renewed, we found out that there are two unauthorized occupants, both with misdemeanors and additional pets. We asked one of the tenants to res...
Kishore P.
JV, SDIRA, UBTI, IRS, Partnership Contract, Legal Entity
Hello All:My partner (Realtor) and I plan to get into a 50-50 % partnership by pooling our individual financial resources to invest as equal partners in a Residential Rental Duplex. Background about JV:Acquisition Pri...
Sandy Uhlmann
Seller Financing, Lease Options or Contract for Deed?
I would like to begin purchasing, rehabbing and then selling mobile homes. Initially, my plan was to create a note and owner finance to the buyer. I am getting the idea that because mobile homes are not treated the ...
Nerissa Vento
Option to Purchase vs. Assignment Contract for Wholesaling
I have come across a 2 family home that needs major repair. I am not sure if I can get a buyer so to be safe I am going to have the owner sign an Option to Purchase agreement vs. an Assignment Contract b/c I do not h...
Kevin Wang
Sample rental application and lease contract for CA
I am located in California and was wondering if you anyone can share a sample rental application form and a lease contract that conforms with CA law?
Daniel Wu
contracts used to take over seller's existing loan?
Hi could anyone share the contracts that you guys use to take over seller's existing loan? Do you guys use Lease Option or Land Contract? or other agreements? How do you guys avoid the due-on-sale clause?Thanks.
Luke Stone
Disclose Contract to Third Party Neighbor - Bad Idea?
I'm debating if I'm crazy for considering this.
The owner of the second half of a duplex I recently purchased has asked me if would provide him with a letter stating how much I paid for my unit so he can appeal the ...