Lara Ghelerter
1st time homebuyer and REO's
We had just been bidding on a REO and we had supposedly come to an agreement. We had signed an original purchase agreement, but the bank hadn't signed off yet. Then we received a 5 page addendum that nullified most ...
George Vigil
50/50 Partnership with Real Estate Agent
A former colleague who is now a top real estate agent and I are interested in partnering 50/50 on buy and hold properties. Considering we will be contributing equally and distributing cash flows and equity (when sold)...
William Noel
Asking the Seller to Reduce the Purchase Price
I know a lot of people get nervous about negotiating. Back when I was a cold caller sometimes I wouldn't even want to pick up the phone. I find now that having a few phrases picked out ahead of time helps me when it c...
Ravindra Sridhara
Financing Mulitple Properties
I am in contract selling one of my properties and would be doing a 1031 exchange using the proceeds from the sale. I have identified two properties that I want to purchase. I would use 1031 to put as downpayment for t...
Syed Husain
Buying property with a tenant
I bought a property which had a tenant for the past 20 days only. When I asked the seller to give me the security deposit, he/she refused saying that it was hers to keep. Intermediary broker vehemently defends this st...
Lynne Martin
Realtors job description?
Hello, I'm working on purchasing my first investment property and wanted to know what I can expect from a realtor. I have talked to 4 realtors, and it doesn't seem like they want to help. Can someone please let me kno...
David Towery
Triplex Deal - Need advice/feedback
I'm currently about to go under contract on a fully occupied tri-plex outside of Houston, TX. The numbers seem to work ok for me. What scares me is that the owner has just put in a new tenant that does contract work. ...
Andy S.
Use and Occupancy - Risks for a Buyer in New Jersey
Hello All,I am a buyer of a property in NJ for which closing is planned soon. The seller is requesting use and occupancy for few days post closing (ie post closing seller wishes to stay in the property for some days u...
Luke Amoresano
Orlando, Florida - Luke Amoresano in the house!
Bigger Pockets Members,
8 years ago I became a licensed real estate salesperson in Florida, while working as the general manager of a health and fitness club. Although I was motivated and interested in real esta...
Deborah Mettler
Aged LLC/Corporations
Wondering if anyone would have any knowledge on how to sell an aged LLC. I have one that is three years old and thinking of selling it along with the domain name. Can't find any good information online.