Alfredo Sanchez
If I bring Equity to a deal, what’s my cut?
I was recently approached by a developer who needs equity to get the ball rolling on a development deal. He asked me to help him raise the capital in exchange for a % of equity in the deal At a high level he needs:$1M...
Fred Canzano
Construction Loans? Good?
Is a construction loan a good way to go for a flip? I believe it will take approximately 7 months for the work to be completed. Its my first flip and I'm being brought in as a partner to a guy who has everything lined...
Tom Canterino
Legal Guidance -- Issue with Tenant
Hi BiggerPockets!I am reaching out in hopes to get some guidance in the situation I am currently in. Here is the non-detailed back-story;Purchased a new 3-family in October and inherited the tenants in the other two u...
Mike Johnson
Michigan Tax Tribunal
Hey everyone,My partners and I are currently considering filing an appeal to the Michigan Tax Tribunal to review our property taxes. We met with the local tax board a couple months ago and they were unwilling to budg...
Jon Klaus
Self Directed IRA--will this work?
I have a potential partner and this is what we are thinking. Each of us roll traditional IRA's of the same amount of money (say $100K) into new SDIRA's. Each of us also set up new LLC's. My SDIRA lends his LLC $100...
Christopher Machir
Scam or Golden Opportunity?
So I am brand spanking new to real estate and investing in general. I recently came into some money via inheritance and I had decided many months before that I want to use it for real estate investing. It's not a ton ...
Jonathan G.
LLC or Umbrella Policy, HELP!
Ok. We have just signed our first contract on a SFH! We are so excited. Here is a decision we have to make and really need your advice. Since we started this our plan was to open an LLC and put our rental propert...
Mona V.
Tenant mvoing out before lease ends
My tenant bought a house and moved out. She requested I end the lease early, but I told her we can start showing the house and if it rents I can terminate the lease when new tenant moves in. But she has not cleared al...
Joe Chirdon
Question on commission splitting with attorneys in PA
Hello, I am a licensed PA attorney, and I am also getting my real estate salesperson license shortly. Attorneys often require agents to sell property for clients, especially in estate and bankruptcy law. So my questio...
Vania Cortez
Wholesaling in FL with and without a RE License
Hi BP!I'm new to the world of REI and have some questions in regards to wholesaling with and without a RE license in the state of FL.So I've been reading A LOT on this topic and the more I read the more questions I ha...