Calvin Kwan
2 Properties - Which do I choose?!
Hey Guys!I have a bit of a dilemma. There are 2 properties that I am interested in with different offer due dates. Here are the key details using the BP rental calculator!Property A:Monthly Cashflow: $516CoC: 5.04...
Brandon Turner
How Do YOU "Low Ball" an Offer and Not Offend?
When you offer to purchase a property from a homeowner - what's your best strategy for offering a price much lower than what they are asking (and avoid offending them?)
Any tips to share?
Colleen F.
Do you ever rescind a offer to a tenant of a rental and why?
Ok so I offered a property to a group of 3 younger female tenants whose landlord references were very good. I was upfront about everything in terms of pre-paid rents security deposit etc. I send them the deposit...
Anthony Mancuso
Showing Buyers Wholesale Property
Newbie here. 2 Part Question.
Spoke with a motivated seller today about a good deal on a SFR rental home. Details below.
3 Beds / 1 Bath
ARV = $35,500
Repairs = Less than $5,000
Currently rented for $650 a month
Ag...
Steven Haughey
Closing in a few days. Cold feet or red flags?
Got a property under contract that's is going to be my first investment. Its a duplex in a decent neighborhood, half of which is already rented for 800/mo. Issue is with the inspection I had done. Sewage in the baseme...
Charlie True
Purchasing from landlord
Good morning,I approached my landlord of 2.5 years about purchasing the property my wife and I currently live in. We have been looking for a duplex for a while but thought we would at least ask our landlord. Luckily,...
Danielle Prendergast
Seller doesn't want to short sale anymore rather foreclose
Hi BP,
I've had a short sale under contract pending bank approval for 8 months now only to get an email from the sellers agent this morning saying that the seller is frustrated with the wait and just wants to walk aw...
Karen Devlin
Analyze My Deal - First Time Commercial Investment
I've been renting SFRs for about 15 years now and I'd like to step up to a larger commercial investment. I'm working with a local broker and he's presented me with this deal: Self-storage facility located in Oregon. P...
Bryan Caprioli
"As is, where is" condition
This has come up in the past 2 apartment deals that I am brokering. Seller wants buyers to purchase the property in "as is, where is" condition, even though the properties aren't in bad shape...just a little outdated....
Peter Fro
Appropriate sales commission on $3 million multi family block ?
What commission is typical / appropriate on a multi family block with a sale price of $ 3 million? This is in respect of an unsolicited bid received by the broker from a single party. There is no extensive marketin...