Jaclyn P.
Exit strategies for rental property with equity partners
Hi everyone. We are currently looking to purchase a multifamily property with a few equity partners. The partnership agreement is to hold the property for 5 years and then sell, and pay back each equity partner thei...
Kyle Wilson
How to buy property as a partnership?
Any CPAs/attorneys or other experienced investors who have out there who would recommend how I should form a partnership for a one-time real estate deal?A friend and I would like to do a real estate deal together in C...
Adam Bielous
Inheriting Tenants Or Screen New Tenants
Hey everyone,I just got my first offered accepted the other day for a multi family property! I am currently in the attorney review process and I have a dilemma on my hands. There are 2 units and 1 unit is being occupi...
Joey English
Speak Splain
Speak splain:I think Ricky Ricardo once told Lucy to “speak splain English.” As an investor, you should listen to Ricky’s words of wisdom. It’s often too easy for us to switch from speaking English to the other langua...
David Ford
HUD delays closing date. What can I do?
I recently made an offer (asking price) on a HUD forclosure and the offer was accepted. Closing date was March 30 but HUD said they were not ready to close (something about a "Deed of Trust"). We haven't heard from th...
Doug Pretorius
Challenge! Let's Close 2 Real Estate Deals by January 31st 2015 from Scratch
Since getting married back on September 29 2012 I haven't really done much with real estate investing. But since another business I was involved in shut down this past July I've been itching to get back in the saddle,...
Jason Xue
LLC's and Bank Accounts
How do you all deal with multiple bank accounts if you own multiple properties in different LLCs?Long story short, I am creating a New Mexico LLC to be the holding company and owner of children LLCs created in the sta...
Cory A Hall
Assignment of Contract (Weird Situation)
Hello everyone!So I've been wholesaling for about 6 months now, but I've never experienced a deal quite like this. I got the property under contract for $58K, and the seller still owes a mortgage of about $54K. She re...
Jonathan Ramos
Evicting Previous Owner New Hampshire
Hey BP,I am considering buying a home at auction. The home is currently occupied by the previous owner or a tenant not really sure. I was wondering what the process is like to evict the current tenant/owner if I was t...
Andrew McManamon
New to wholesaling, where to start?
Hello everyone,
I've been doing a great deal of research about wholesaling and I'm getting a better understanding of how it works, but where do I start? I understand the concept of finding motivated buyers and seller...