Parker Shoaf
How do I go about structuring a deal with a partner?
I have several options where people want to partner with me on a Flip. I don't know where to start as far as how do I actually structure what is fair for both and then once we know how to structure...how do I set it ...
Kolton Miller
1st property. Starting an LLC for property management?
Hello! My wife and I are under contract on a second home, and we plan to rent our current house out. We are excited to start this journey. We plan on managing the rental ourselves. I am curious if we should start an...
Chad Huffer
Attorney says residential prop sale is a commercial transaction
So, got a residential seller in Maryland who wanted to have her attorney draft a contract.... I reviewed it and made some modifications to it and emailed it back to the attorney. He responds with this:"It is my unders...
Eduardo Bilbao
How to bring investors into a deal? How do you set up contracts?
Happy Sunday everyone!I have investors that are considering investing with me but I am stuck on what to offer them back. I have personally been thinking on giving them a 8% return on their money until the money is pai...
James Masotti
Setting up LLC with my investors and then buying them out
Good Morning BiggerPocketsWhile I know most on here are not attorneys to provide legal advice I am curious to hear from folks who may have done something like this before.Here is the overview.I have a few private inve...
Josh D.
Listing Short Sale Flips on MLS
Someone was telling me you can not list properties on the MLS that you do not own in Florida.
If you have an option contract on a property, have paid the seller consideration and recorded the notice of option in the ...
Aaron W.
Establishing legal entity
Currently own three multifamily fourplexes (2 in Ohio, 1 in Missouri). Plan to continue to purchase more soon. Currently reside in Virginia.Working on establishing a legal entity and spoke with one law/cpa firm. The...
Jed Forster
Tax Liens for Newbies
I heard about tax liens on a BP podcast, and they sounded interesting but I'm still a little confused.What are they exactly?Where do you find some?How hard are they to invest in?What are some legal things to know?I'm ...
Account Closed
Texas Lease Options: Deciphering the Legal Jargon
So I have been reading into the Texas Property Code along with a book I bought Texas laws on Lease Options to figure out how to do it without violating any laws. Hehe, Texas has a lot of red tape to wade through.
It ...
Chris Pincus
Help Landlord Taking Advantage!
Recieved letter today from landlord saying I owe a 250 late charge, and 18% interest after today for not paying my rent to them, saying its in breach of the lease.I spoke with them 8-12-2014 about infestation of mold ...