Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Guru, Book, & Course Reviews
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

2,087
Posts
3,058
Votes
Stuart Udis
#2 Buying & Selling Real Estate Contributor
  • Attorney
  • Philadelphia
3,058
Votes |
2,087
Posts

Signs You Are Working With A Guru Trained Transaction Participant

Stuart Udis
#2 Buying & Selling Real Estate Contributor
  • Attorney
  • Philadelphia
Posted

Here's some recurring interactions I continue to have with real estate transaction participants. I suspect all paid for education from gurus.  What other forms of guru inspired craziness are people encountering?

1. We are interested in signing a master lease for your building backed by a corporate guarantee and eliminate your vacancy risk.

2.  We would like to hire you to perform legal services where we will pay you 15% more than your ordinary fee but it will be financed over an 18-month term. You will benefit from 15% more revenue and the ability to show receivable's which are valuable for borrowing money.

3. We would like to receive a Co-GP title in exchange for raising capital for your investments. We would also require written permission to promote the building ownership and performance through our own company and website.

4. I need to create a management LLC who will sign leases and act as the face of my real estate portfolio in order to direct any claims away from me or the properties.





  • Stuart Udis
  • [email protected]
  • Loading replies...