Nikolas Engel
Tenant rejects personal guarantee for option, but accepts for initial lease term.
Folks,I am negotiating an owner-operated restaurant lease and tenant agrees to a personal guarantee for the initial lease term of five years but rejects a guarantee for the two options (five year each). We had not tal...
Tom R.
LOI/PSA accepted 200+ unit in Atlanta - Need an Inspector for DD
Hello BP folks,I just picked up a 200+ unit in Atlanta GA that we'll be syndicating and I could use a recommendation for a seasoned & thorough property inspector for our DD process.I'll be in Atlanta end of next w...
Jake DeAtley
My First Ever Offer Was Just Accepted, Look! What Do You Think?
Hello BP Friends! My name is Jake, I have worked an 8AM-5PM, salaried job the last few years since graduating from college were I studied Economics and Political Science. I have recently caught the bug.... Over the la...
Jiseok Kim
what could be potential risk factors / complications by accepting old (> 80) tenant
This is my first rental property and I am in search of the first ever tenant.
Currently I have one application from an old citizen who wants to move in from an assisted living facility.
The property is not prepped f...
Ben Freeman
Local bank won't accept rental income until its filed on my taxes.
I was trying to be pre-approved for a new primary and ran into some issues with the lender not wanting to count my income on my duplex. Backstory:I purchased a duplex in may of 2022. One half was rented($1300) the oth...
Jamie Jones
Accept The First Applicant Who Qualifies or Wait for the "Perfect" Tenant?
Hi BP, I am curious the process others use when screening potential tenants to fill a vacancy (with a standard 12 month lease). I own 4 buy and hold units and have a fixed standard I use that weeds out a lot of folks ...
Shawn Holsapple
Did anyone else get a bunch of REO offers accepted last week?
Just curious if any other active buyers got a bunch of offers accepted last week?I usually make a few hundred offers per week and land 2 or 3 per week - but last week [the end of April] I got 15 accepted in the last 4...
Stephen N.
Cash offer accepted. Can I still get a loan to finance it?
I entered a cash offer for a REO that was accepted. However, I think i can get a loan pretty easy to fund the deal. Am I obligated to use my own cash for a cash offer or can i get a loan?
sorry if that's a dumb que...
Bill Mitchell
Getting More Offers Accepted With Sellers: A Trick Im Sharing with You
We all know about the 70% rule and how it works. But if your numbers are correct for ARV and repairs, and then have to back out your assignment fee as well. Sometimes its difficult to get your offers accepted beca...
Yanina Panfilenka
Seller won't accept offer with EasyStreetCapital. Why and what are the options?
Hi,I'm trying to invest into short-term rental in Savannah, GA. And now the offer is not accepted because of the personal issues of the seller with EasyStreetCapital.How was your experience with them? Why would anyone...