Patrick Philip
How do people make large real estate profitable?
1 May 2018 | 36 replies
And having XXX units lined up in the same location for re-positioning is a pretty efficient use of capital.
Maurice Colbert
How to buy a 4 houses under one deal
18 April 2018 | 3 replies
Or can I get 1 loan to cover xxx amount ?
Daray Olaleye
It started with a $6,000 mistake...
17 May 2018 | 5 replies
Hope you are dead on and you saved a ton of $$....But let us know in 6-18 months......I've seen too many " the pro wanted $xxx dollars and I got a handyman/guy off Craigslist to do it for 1/4 of that price", only to have that job/repair/equipment fall apart in a few months and cost double to fix it compared to having it done right the first timeIf it all work out, fantastic....but sometimes you really do get what you pay for.....
Brad Fletcher
Real Estate Assistant - compensation advice
5 June 2018 | 11 replies
Maybe talk to them about setting up weekly meetings to go over your activities in exchange for $xxx a week until things get rolling.
Warren Blevins
Question on Lease/Option to Buy Agreement
17 February 2018 | 3 replies
The “agreement” he sent me is below (identifying details redacted):______________________RESIDENTIAL LEASE and OPTION TO PURCHASE AGREEMENTBUYER/TENANT: XXX Holdings, LLC Date: 2-16-2018SELLER/LANDLORD: XXXPROPERTY ADDRESS: XXXXXXRESIDENTIAL LEASE1) Rent: $2,500 per month2) Lease Term: 36 months, beginning March 16, 2018 and ending March 16, 2021.3) Maintenance: Buyer/Tenant will be responsible for maintenance and repairs ofthe property, not to exceed $500 per incident.4) Sub-Lease: Buyer/Tenant has the right to sub-lease this property with writtenconsent by the Seller / Landlord, and this shall not be unreasonably withheld.OPTION to PURCHASE1) Purchase Price: $ 345,0002) Option Period: 36 months, beginning March 16, 2018 and ending March 16,2021.3) Option Consideration: $100 - All Option Consideration will be credited in fulltoward the purchase of the property.4) Rent Credit: Buyer/Tenant will be credited $ 0 per month toward the purchase.5) Closing Costs: Purchaser will pay all allowable closing costs.6) Expiration: This offer shall expire on March 16, 2021.7) Inspection: This offer is contingent upon physical inspection of property andsubsequent completion of a more formal and signed Residential Lease with Optionto Purchase Agreement.8) Non-Exclusive – This agreement is non-exclusive and can be canceled anytimeby either party.9) Assignable – This Agreement is assignable with written consent by the Seller /Landlord, and this shall not be unreasonably withheld.X_____________________________ X ________________________________Seller/Landlord Date Buyer/Tenant Date_________________I have a few questions: Is this legit?
Dustin Cornell
Advice for a newbie wholesale investor!
19 February 2018 | 2 replies
For the difference of $150 from one title company to another, having a top performing one vs a terrible one isn't the place to focus.You can google "investor friendly title company in xxx, PA" and get results as well.
Michael R.
Security Deposit Reduction - Addendum Procedure
5 March 2018 | 3 replies
i would just have them sign an addendum acknowledging that 2/3 of security deposit is being applied to pay march and april rent, and henceforth remaining security deposit is $xxx
Sandra PIrtle
Year end filling for SDRA
26 February 2018 | 4 replies
You'll also want your latest statement from XXX so that wecan tie out the disbursements against the investments.
Bob Drew
Security Deposit and handing over the keys
28 February 2018 | 8 replies
Have them sign a Deposit to Hold and provide $xxx as a deposit (equal to 1 month rent).
Richelle Bryan
Realtor Representing Multiple Clients on One House
8 March 2018 | 13 replies
NOW, if THAT is what you are talking about (a listing agent who represents the Seller, and then brings in a Buyer that they are working with), then it is required that the Realtor have both the Seller and potential Buyer sign a dual agency agreement in which they both are aware of the dual representation AND they understand that their representation will be somewhat limited because the agent cannot divulge secrets that each of them has told the Realtor about the other....IE "Buyer will pay $5K more than the offer price.....or Seller is willing to accept $XXX amount for the property".