Chip Chronister
Arkansas is trying to make wholesaling illegal
13 March 2019 | 40 replies
"Free markets" function when there are few bounds on legitimate, efficient transactions but not when fraudulent and abusive practices are allowed; I'd just like to know where wholesaling falls.
Account Closed
Lease Option is expiring in 45 days. Can i list it for sale now?
18 April 2017 | 2 replies
If you refer back to your contracts/agreements with your tenant buyers, do the documents include clauses about -- a time frame for them to give notice of their decision in writing to you whether they exercise the option or not; your ability to transition them to a month-to-month tenant should they fail to exercise the option; your ability to market/list the property and offer it for sale to someone else; your ability to conduct showings, inspections, appraisals, and photograph the property prior to them moving out if they fail to exercise; etc., etc.If so, then your good.
Tatyana M.
Real Estate license for property management entity in PA
19 March 2021 | 9 replies
As a practical matter, you might be okay.
Chance Cooper
Have any of you ever heard of this?
30 December 2015 | 8 replies
When the prospective tenant is ready to exercise the option to purchase, he will exercise his option to purchase from you and do a double closing where he never takes custody of the home but collects a check for his profit from the transaction.
John Chin
Due-On-Sale clause of Subject-To deals???
12 October 2016 | 5 replies
The lender holds the right to exercise this option, and there isn't anything you can do to stop it.The lenders however, tend to look the other way on these deals.
Royce Sanders
Your BEST/MOST CREATIVE negotiation story!
1 October 2016 | 10 replies
When even they can't find a way to hit value that complies with the Uniform Standards of Professional Appraisal Practice (USPAP), we go to...."
Paul McCormick Jr
Best Practice for Time Stamping Photos for Walkthroughs/Damages
3 November 2016 | 7 replies
Hello all,I had a general question about time stamping photos, I was wondering what everyone's best practice was for time stamping photos during the move-in & move-out process with tenants.
Heba Farag
How to get owner's contact info to send letter to offer to buy?
23 October 2016 | 2 replies
Rentals) as the taxes are paid by escrow or the due dates are the same (or practically) every year and there's a few different ways to find out what how much the tax bill ill and to pay it without physically holding the bill in your hand/possession.
Redgy Saint-Germain
My realtor refused to show me 2 deals because of his commision !!
11 April 2019 | 212 replies
One of the best things I've now made mandatory in my business practice is exclusive buyers agreements and minimum commission rates that my broker will be paid out on any transaction.
Garrett Blanchard
My house is coming up for rent. Rent to own or normal rent.
16 May 2017 | 12 replies
If she fails to exercise her option, the $10,000 option deposit is forfeited.