Recently a few business partners and I invested in a 16 unit apartment complex in Phoenix, Arizona. We were given rent roll for 4 months prior to purchase that showed 15/16 units filled with paying tenants. The P&...
Hello Again BP Community,I am seeking a R/E attorney to assist with reviewing my purchase and sale agreement's for my first investment opportunity. Any recommendations?Any advice or referrals would be much appreciated.
New Jersey's standard purchase and sale agreement is lengthy - looking for a simple, short contract to buy and assign property. Anyone willing to share?
What are your favorite add ons to add to your lease? Do you have an addendum to your standard residential lease? Examples: Smoking is prohibited in the unit. LANDLORD permits the use of parking space #XXXX t...
I'm currently looking to buy and flip homes.I just got off with a home owner who is facing forclosure and under distress. The home is estimated to be worth $225k and they owe $92k on the loan. The home went up for a...
Update - Kris Thomas has now really crossed lines here. I was a student in the course and upon realizing their promises were not fulfilled and they were breaching their contract I requested to renegotiate. When my ame...
Hello all,I've worked with a Realtor for a few months now and it's been sort of difficult to get the financials on any of the properties that I'm interested in. Is this normal?I am considering seeking out the help fr...
I am researching a note I came across. AT first it seems like a pretty standard note. It is a Mobile home with the lot for sale for 45000. The Owner received $20,000 down and carried a note for $25000. The interest...
I'm contemplating buying a property as a rental income property. The property is listed for a great price and was interested right away. I went to schedule a showing (I'm a Realtor) however the listing agent informed ...
Hey BP fam! I need some help! We found a great off market deal on a local duplex that will cash flow, appreciate and could potentially be a STR on one side. Went and looked at the property, minor rehab (maybe 10k). Pr...