Angie A.
Memorandum & Release of Lien
Help is appreciated on my first wholesale contract. I put a property under contract with a 30 Day Option period. After we signed I could not find a buyer. (I offered about 20k too much) Seller wouldn’t go down. I file...
TJ H.
Developer building high-rise behind me-want to buy my twin duplex
Hi,My sister and I own a twin duplex near Philadelphia, PA. The other (half of?) twin is own by someone else - and it's also a duplex, owner occupies one unit, other unit is rented out. Our twin duplex is rented out a...
Mike Miller
Altering Your Proof of Funds for a Viewing?
I do not have the intention of this, it simply came up in a conversation with a new wholesaler. I also am not referring to POF "Letters", I am aware of how those work. Just would like fellow agents/investors opinions ...
James S.
landlording nightmare
So my father has been a landlord for about 20 years in Detroit, under his wing ive never once heard of a story like this Weve had a tenant in a house for about 5 years now, hes a decent tenant and he loved the house ...
Cooper B.
Tenant screening with SmartMove, good credit score but bad debt?
I don't have much experience with tenant screening but I came across something today that I can't figure out.I pulled a credit report from TransUnion / SmartMove on a potential tenant. They recommend that I accept th...
Ben C.
S-Corp or LLC for flips?
Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...
Account Closed
Story about how my deal was stolen
I debated for several months whether or not to put this story up on BP... but I feel I would be doing a disservice to the BP community if I wouldn't, especially to all the wholesalers in the Oklahoma area. Several mon...
Perry Luo
Question about setting about fund for investors house flips
Hi everyone, I'm new to this forum and new to real estate house flipping. My friends and I (one is an broker, another is an engineer/construction) are starting a real estate investment company. We want to set up a fun...
I Okwuje
Fear of Starting Out
I am enthralled with becoming a Real Estate Investor and would really like to find a REI mentor or someone who I can "shadow", as a way to gain practical knowledge to partner with the info I've gotten from this forum ...
Keith W.
Risks associated with Lease Options
Lease Options look beautiful as long as everybody does what they are supposed to do.I haven't heard anyone address the possibility that the seller doesn't make the mortgage payment and the property goes into foreclosu...