Matthew J. T.
Discrete Assignment Fee
How do I keep assignment fee disclosed from Investor? Let's say 150,000 house, i mark it down to 40k, and i want to sell to investor for 75k, how can I do this without him changing his mind about closing the deal, it'...
Mealyann Saing
College Student Interview with Father about Finance & Real Estate
Hi All! I'm a college student at CSULB taking a course on Family Consumer Financial Management and one of my assignments was to do an interview. I thought many Bigger Pockets members may be interested in seeing the Q'...
Michael B
buy and hold!!!
With all this commotion about a falling market and homes appraising lower than what they are worth, why don't people start buying? Buy now and hold that property for a while. Forget flipping and short sale. Why settle...
James Hiddle
Largest Fraud In History ($50 Billion)
NEW YORK (Reuters) – Bernard Madoff, a quiet force on Wall Street for decades, was arrested and charged on Thursday with allegedly running a $50 billion "Ponzi scheme" in what may rank among the biggest fraud cases ...
Marjorie Martin
Who is responsible for error in real estate sales documents
My sister and I just received an email that the calculation of real estate taxes on the sale, completed this past September, of the house our father left to us, was done incorrectly and we have to settle it with the...
Michael Lerch
Contract Question: Paying backtaxes for seller
I have a motivated seller that owes around $10,000 in property taxes. I offered to pay the taxes + $13,000 for the home. I called the title agency and they said they can take care of this at closing.
Do I make the p...
Winniferd B.
HELP Needed!! Is this a deal?
I'm not sure how to handle this. This is a small house (761 Sqft) that needs major repairs. The seller also owns the land next door that he wants to sell as well (5000 sqft). Bewteen the house and the land the owne...
Ibrahim Hughes
Please HELP - Son Needs Access To Dad's Mortgage Account!
I’m working with a seller who was deeded the property from his Father before the Father was inflicted with Alzheimer’s Disease. The Father also gave the Son Power of Attorney (POA) over his affairs. The Father wa...
Or Y.
Quickbooks for Rental properties - need help with setup
Howdy,I've searched both here, on google and youtube - but I'm seeing so many different takes and just getting more and more confused. This website and the users here are often the best resource in the industry so I f...
Pete K.
7-Unit SFH Portfolio Deal Analysis
Good Morning!I need some help analyzing a deal for a 7-unit SFH portfolio in GA. We are currently negotiating on price with the seller and I just need some smarter people to help make sure I am on track for success (h...