Dave Clark
Locating and selecting a mentor
I am just starting my educational process with regards to real estate investing and as I listen to numerous podcasts the topic of mentors is consistent. Most seasoned successful people in the business recommend findi...
John T.
Question about Wholesale Contract Provision
A newbie wholesaler, who says he has a Mentor, has a one page Purchase and Sale Agreement that contains the following provision:"This contract is binding at 11:59 pm on the tenth day after it is executed by the buyer ...
Account Closed
Is it possible to get step up in basis with shared LLC ownership?
Right now I do not have any ownership in my mom's LLC (she is a multi-family investor in the US) but I will be joining her real estate business in the future. I currently own and run a separate c corp which I will exi...
Dushan Selvakumar
Canadians investing in RE in USA - Landlord Friendly States
Hello,
I currently own 2 properties in GTA, and since Ontario is getting overly expensive and harder to get RE with low cap rates and cash flow, I am thinking to invest in Landlord friendly states in USA.
I have hea...
Paul Petersen
Real Estate Investing Newbie
Hello everyone!I currently reside in the Chicago land area and I am very eager to start investing in real estate. There are a couple reasons though as to why I am hesitant: inflated seller’s market, unsure on what str...
Tim Morris
First Multifamily Purchase- Questionable Lease Documents
Hello, We are in the process of purchasing our first multifamily! Our contingency on our offer was to evict the first-floor tenants to owner-occupy the first floor, as I use a wheelchair. The first floor tenants do ha...
Orlando Goodon
Can anybody help me with my first cash for keys?
I have a 5 unit with only one tenant paying rent and I would like to try to do a cash for keys deal. I've been struggling to find legal representation because all the attorneys are apparently horrible.has anyone done ...
Christopher Dru
Why would a seller specify "cash or hard money only"?
I'm reviewing some multifamily properties on the MLS and running the numbers for practice.A seller of a triplex has the phrase "Cash or hard money only" in the property description.Why would a seller accept only cash ...
Ben Ballinger
Am I being unreasonable with communication expectations?
I am partnered on my first SFH flip. I provided 100% financial equity, partner is a contractor who was supposed to provide 100% sweat equity.
As my partner, is it unreasonable for me to expect to reach him within an ...
Account Closed
Working with REIs only, makes the most sense to me!
I have been a BP member for a few months now but been away for a bit. During this time, I have not only had two children graduate from college and high school but the company I have been working for almost 9 years in ...