Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Account Closed Buyer bails and refuses to sign escrow cancellation
20 May 2021 | 0 replies
. - The buyers signed the release of contingencies at the end of the 60 days due diligence period - Buyers didn’t perform and asked an escrow extension of 4 months which was granted against a full release of the earnest deposit - Buyer signed the release and EM was transfered by the escrow company to my account- After the 4 months period buyers failed too close again- I served a notice to perform as well as a demand to close escrow- Sent the cancellation of contract and escrow but buyers refused to sign and informally communicated their desire to recover their EM- I refused to return the EMWhile the contract is likely dead, the unfortunate consequence of this situation is that the open escrow must be disclosed to the new prospective buyers which obviously is a turn off and causes me financial damages.I talked to an attorney who thinks the contract is void and suggested sending a formal letter to the buyers from his office to have them sign the cancellationThoughts anyone?
Steve Corwin Contractors Lien Question
21 May 2021 | 2 replies
Asked him to send me a formal written quote.  
Reuben E. New investor, Is NJ or Philly PA good place to find multi-fam?’
21 May 2021 | 1 reply
It's just inside the city border.
Kendall Arriola Ready for our first deal - needing advice on financing!
25 May 2021 | 6 replies
My husband is about to graduate Army boot camp and we should be getting stationed at Fort Campbell (on the border of Oak Grove, KY and Clarksville, TN).
Dean R. Numbers on my BRRRR and a mindset tip
23 May 2021 | 1 reply
style="-webkit-font-smoothing: antialiased; margin: 0px; padding: 0px; border: 0px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-weight: 400; font-stretch: inherit; font-size: 1rem; line-height: 22px; font-family: "open sans", sans-serif; vertical-align: baseline; position: relative; overflow: hidden; color: rgb(52, 65, 77); letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; height: 1288px;">BRRRR and a TIP OF THE DAY : )RUN YOUR NUMBERS!!!!
Andrew Valeri Inherited Tenant Massachusetts
9 June 2021 | 9 replies
Then have a sherif deliver the formal notice to quit to them and explain to them in person that if they’re not out by then you’ll have to take them through the whole eviction process which could damage their credit and make it difficult for them to find an apartment in the future.Your biggest risk here is if tenant B and C move out but A remains and drags out the process through the current federal protection period which now till September. 
Jeffrey McKee Tenant filing suit for security deposit from a year ago :/
27 May 2021 | 28 replies
If it goes to court, you're spending more money/time/stress, it's not needed-- do the right thing and refund her the $$ ASAP IMO.Nip this one in the butt and give her the money back, just be happy they moved out on their own and you didn't have to deal with a formal eviction!
Ally Mager Searching for Multifamily Properties
31 May 2021 | 34 replies
I would be happy to set up a more formal time.
Ray Peres Real Estate Ethical Question?
25 May 2021 | 3 replies
In either case, I find this behavior amongst agents extremely misleading and bordering on a breach of fiduciary relationship with their clients because it takes away a potentially higher sale number.
Brian Watts Ann Street Update: SOLD!
25 May 2021 | 0 replies
Purchase price: $268,000 Cash invested: $56,000 Sale price: $308,000 Formally used for a House hack and Established HELOC.