Jimmy Chou
What happens when seller signs multiple contracts? Is that fraud?
Hi Everyone,I got a 1BD/1BA condo in Downers Grove, Illinois under contract for 15K on 11/4/2015. I put inspection deadline on the 18th and closing date of 25th. (Yippee! My first deal) A few days after the contract w...
Brad T.
Concrete Driveway Replacement
Hi Everyone,
I have a signed purchase agreement on rental house #4 and had the home inspection today. One thing that is needed is about a 40' x 20' section of the concrete driveway needs to be replaced. I...
Sean Chen
Is this worth pursuing
Hi Gurus,This is a duplex with one unit having finished basement rented out to a Section 8 and anther side to a non-Section 8, both would like to stay. Here are the numbers:Purchase price: $290,000 (I could spend $30K...
Jim O.
Seattle WA and Riverside CA Rookie
Greetings BP members!I was thrilled to find this resource and look forward to learning from this community. I have already started binge-listenting to the podcast and have consumed over 100 episodes so far and also o...
Mtgtme Mtgtme
The plight of investing with Patch Of Land -What can I do as an investor
Hello:
I wanted to start this thread, as I see a lot of investors on this forum who are the victims of the vicious company called Patch Of Land (POL). Now it came out under a new mask called Patch Lending.
I have t...
Freeman Schultz
Tenant requesting mailbox access after vacating unit
A work colleague and I were discussing a tenant of theirs that is vacating the unit at the end of the month.The tenant is expecting important mail from overseas that will arrive next month. The tenant is requesting ac...
Account Closed
hold over tenant
Hello,I have a property that is managed by a property management company. The lease ended 1/31 and the tenant was supposed to move out end of January. The property management company applied last months rent towards ...
Dan M.
Acquiring Rentals in an Appreciating Market
In a market that has quickly appreciated over the past three years, I am looking to obtain cash flow properties. If I run the numbers on an income-property and the cash flow is acceptable as well as the long term ROI,...
Mitch Bernstein
How to find land at the right price?
Hey Everybody,
I'm looking to buy a single lot to build a single family house in NJ, at the RIGHT price. The problem I find is that all the land advertised on Zillow or Realtor.com is either not worth it or o...
John Baughman
8-fam, Small Town, what am I missing? Why hasn't this sold?
I intend to write an offer on a property tomorrow. It's an 8-fam in small midwest town (pop 40k, not warzone). It has been on and off the market for about 1/2 a year, it doesn't seem like there are a lot of buyers fo...