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Results (10,000+)
Rachel Seymour-Newton New Investor debating options
12 December 2024 | 4 replies
Originally I was planning on buying a multi family in the area I live in, but after reviewing my lease, I’ve found that I really can’t break it and I have 8 months left on it.
Joy McQueary Multifamily // Cash Flow & Appreciating Markets
13 December 2024 | 13 replies
I am in the research process for a multi-family unit.
Mike Sfera New to REI; looking to learn and connect
13 December 2024 | 9 replies
Turnkey companies usually handle buying and renovating the property, then partner with a local third-party management company to handle day-to-day operations.
Gabi NA Young college student looking to buy their first property for Airbnb or Rental
17 December 2024 | 12 replies
Last year he sold most of the SFRs and bought a multi-family.
Timothy Franklin Clarifying the wholesale transaction
15 December 2024 | 7 replies
In either case, the wholesaler usually doesn't need to provide their own funds to complete the deal unless they are doing a double closing and need private financing for that purpose.The title company plays a key role in ensuring that the funds are processed correctly and that the transaction is legally and financially finalized, including disbursing funds to the seller and paying any fees owed to the wholesaler, private lender, or other parties involved.Contract with Seller: The wholesaler secures a property under contract, usually with a small earnest money deposit.Find Buyer: The wholesaler finds a buyer (investor) and assigns the contract, earning an assignment fee (difference in price).Closing: The buyer wires funds, the wholesaler receives the assignment fee, and the title company handles the transaction.Costs:Earnest Money: Small deposit.Marketing: Costs to find deals.Funding (if needed): For double closings.Profit: The wholesaler earns the assignment fee.prioritize transparency and value.
Account Closed Mold and possible arbitration
12 December 2024 | 2 replies
If you had a mold remediation company do all the work and mitigation, send the threatening party the reports and clearance.
Itay Heled Anyone use Furnished finder leads of individuals for an entire house?
16 December 2024 | 18 replies
When appealing to a business to business lead, you are appealing to a third party who will probably never see the inside of your unit, so all the usual real estate puffery is wasted.
Lorraine Hadden Should The Seller Reimburse Buyer For The Inspection Costs - Fixer Not Move-in Ready!
11 December 2024 | 5 replies
Cost of doing business.Next time maybe you could have someone do a video walk-through for you.OOS is risky as heck.....
Brendan Duggan Private Lender in inaugural year!
13 December 2024 | 4 replies
BrendanWe typically use a third party servicer as its around $35/mo per loan and they also handle the escrow and end of year tax forms.
Barbara GAdams Hello BiggerPockets! New PRO here
13 December 2024 | 9 replies
I'm particularly passionate about rental, fix-and-flip family and multi-unitsOutside of real estate, I enjoy nature photography.