Christian Luong
Selling house to tenants - real estate agent disappeared
Hi allI found myself in an interesting situation:Background:- Rental property (SFH) is located in Northern Virginia and tenants are interested to buy. - I get representation from my property manager as a real estate a...
Anthoni S Bereziuk Jr
Questions About Wholesaling as a Realtor
I'm an investor friendly realtor who will be getting in the game myself starting this weekend. I'm about to launch a direct mail campaign, website, and online classifieds (feeding my website)--all focused on attracti...
Mark Elliott
lengthy closing
hello to all of my friends here. i have an interesting issue i would like some feedback on. i have a flip house that i recently sold ( well, kind of recently). i signed the purchase agreement with the buyer on novem...
Sean McCrory
Wholesaling "pretty" homes to retail end buyers using straight options
Hello BP,I have been looking at a bunch of different strategies for getting started and a few have really caught my attention.I live on the North side of Houston and one of the REI meetup groups that I attend is hoste...
Patricia Gemming
Rent with option to buy
We have a co- op which we inherited when my father-in-law passed away. We have someone who wants to rent with an option to buy after one year. We were only asking for a security deposit and $1800./mo rent. Do we have ...
Kyle Wakeman
Ways to protect myself when making offers
Hello. I am looking to make my first offer and it is a complex situation on the seller's end (POA is selling the house) and their agent is fairly new to the business. I do have an agent helping me with the purchase a...
Brennan Hile
New Landlord inheriting tenants
I am closing on my first rental property at the end of December. Its a duplex with both units currently occupied. One lease runs until Feb 28th 2020 and other August 2020. I will be living in one unit when the Feb Lea...
Account Closed
Clauses
Are contingencies another name for clauses in a purchase agreement/offer sheet? Many thanks.
Miles Curtis
Inheriting Month-to-Month Tenants, Transfer of Security Deposits
I was discussing these questions with a friend of mine who is about to close on his first property and I thought I'd pass the questions along to the forums:1. If you purchase a property and inherit the tenants, tenant...
Sharad M.
Bought a crazy deal from a lottery winner
We purchased one of my craziest deals yesterday. The seller had won a lottery this year and bought a house cash for $225,000 with his winnings in June 2018. The seller had run into some other financial troubles and ne...