Bret Weigel
Partnership Setup-Splitting of equity based on duties/investment?
Hi all, I had a question regarding partnerships and equity % in said partnerships. In this example Person A would simply be the money guy and a silent investor. Person B would be in charge of finding properties that m...
Brian Tome
Sample Hard Money Contract
I have a private money lender who has offered to fund my deal and wants me to draft the contract. I am looking for a sample contract that is fair to both parties to use as a starting point to draft one specific to ou...
Reid Hanley
Mobile Home Title Issues - Should I buy without clear title?
I have an opportunity to purchase three MH's and the land they all sit on. The cash flow numbers work on this deal, but there is a red flag in that the titles to the Mobile Homes are not in the sellers name. There i...
Julio Gonzalez
BiggerPockets - Tips on How to Avoid an IRS Audit
When most of us think of having the IRS audit us, we get anxious. Audits can be very expensive, invasive and ultimately time consuming. Some audits are inevitable. However, there are multiple preventative measures tha...
Jeremiah Fennell
Multi-family vs Single family
I'm curious to know what investors think about multi family versus single family homes.
Which one do you prefer to invest in and why?
I'm in the Raleigh - Durham market here in North Carolina.
Devin Hightower
Newbie Deal Analysis - What am I forgetting???
Just want to start out by saying that I'm not planning to actually purchase anything for 8 or 20 months depending on when I sell my current rental property. I am looking for feedback/advice on deals I'm analyzing as p...
Jin Kim
hypothetical buying scenario
This is a hypothetical scenario. Let’s say you have 400,000 you can invest on REthere’s property(A) you want to buy. The price is 500,000, And it is expected to go down to about 450,000 in 4 years.when you make 125,00...
Arthur D.
Worst paint job
I'm getting my property painted in order to rent it. I left this painter I got for a week to paint. When I came back to pay him The job was half finished. The trim was not done, not painted completely around the ceili...
Dan Krause
do you have to be licensed to act as a wholesaler?
:D Do you have to have a realtors license to wholesale properties and assign contracts? In most states?
Nate Shields
Legal Non-Conforming Issue Selling?
We're under contract to buy a 20-unit apartment complex. It's a legal non-conforming property. The zoning is single family residential. We're trying to get it rezoned as multi-family but we're getting pushback from th...