Ok, so I just acquired a 6 unit apartment building in Wisconsin. One of the 6 units had a tenant/manager who was living there free for managing the other 5 apartments and doing maintenance work. I notified the tenant ...

I've been making tons of offers recently. Most have been through e-mail or over the phone. Thing is I haven't received many call backs or counter offers. Makes me wonder if these realtors are even submitting my offers...

let's say you made a verbal offer to sell a house at $100,000 with one of your reliable buyers. Then another guy comes along and offers you $105,000 for the same property. on one hand your reputation is on the line, o...

Hello BP community!Tomorrow I am slated to close on a duplex, and I will inherit tenants.  The seller has stated they do not have any paper leases, as everything is verbal.  The tenants are long-term (about 10+ years)...

Hi! I'm trying to figure out how to get into real estate at a low cost of entry (~$50k cash), and so I'm of course trying to learn about how to use OPM and other creative financing options. So far I've kind of got the...

On July 17 we submitted a contract to purchase a property w/10 day option period. Couldn't view property interior because of existing tenant until under contract. Viewed property, tenant told we were insurance agents....

Hi all -My wife and I recently took the plunge and purchased our first duplex, which has two 3/1 units side by side. The previous landlord owned the properties for just over ten years, and did effectively nothing in t...

Hi,I'm renting to a friend, we had a lease when he first moved in back in 2016. I needed the lease in place to buy (get the mortgage on) a bigger place for my family, and he needed a place for his family. I have not h...

Have a property for sale that I owe 130k on the mortgage. Recieved (I'm guessing a verbal) offer that states:
Offer Price:$229,000
DN pay: $10,000
Assume existing loan.Yes I have already asked my realtor to ask wha...