Devon Garbus
New investor client is adamant about buying things that will lose money
So here is the story-There is a REI guru who does training and refers his local students to me. He's a great guy and his students know a lot about how to run numbers and are pretty good at estimating rehab by the time...
Rigo Medina
Wholesaling - Why do some Real Estate Agents say it is not legal?
I recently shared the idea of Wholesaling to a Real Estate Agent. (she is new to Real Estate)I regret sharing the idea with her. She pretty much scolded me and said that it is illegal to practice real estate without a...
Dasha Taylor
Should I become a real estate agent at 18?
Hi everyone! I'm 16 years old and I'm planning to invest in real estate when I turn 18!I've been wondering if I should become a real estate agent and start the process of getting my license at 18? I think I would real...
Christine Garnier
Recording Quitclaim Deed Tax Assessor Alabama
I am running into an issue and I can't find the answer to my question. I bought several land lots in Jefferson County from a reseller in Alabama and he sent me a copy the Quitclaim Deeds for each property, by email. H...
Scott Byer
Why do seasoned flippers need to pay a sellers agent today?
I invest in Houston, Texas. After a few flips and being forced each time to pay the, lets be honest, VERY expensive brokerage fees to gain assess to the local MLS service and for preparation of a few standard (and fr...
William Huston
Does this deal sound fishy?
Hello All, Wanted to get some input on a deal that was passed my way at REIA meeting last night.....I am running the numbers and things are just not making since, so wanted to get some input from the masses, something...
Sunday Nguyen
Success on 1st R.E investment, tips on doing it better the next?
Hi to all BP friends!After a year or more of grooming and learning everything I could about R.E investment, I've made my first purchase in Feb 2, 2018. It was a probate property, no court confirmation needed, and also...
James Ma
Responsibility for Condo Inside wall plumbing
One of the condos I own had sent a letter to owners indicating that some units have had leaks coming from the bathtub's faulty diverter valves (likely due to poor pieces from the developer) and it recommended all owne...
Solomon Oh
Legal ramifications of Wholesaling
Dear members of Bigger Pockets in Washington state-
Before jumping into wholesaling, I wanted to make sure all of my ducks were lined up in a row. I spoke to a lawyer about my contracts and the legality of th...
Belinda R.
Piercing the corporate veil
I just formed an LLC and opened a business checking account. When flipping houses I use my Home Depot credit card to make purchases for supplies, appliances etc and pay off once I sell. My question is since this Home ...