I've notice that properties are being sold with the printed line "pending at ink" which means the seller accepted an offer before the property gets released on MLS. What I believe is really happening, is that properti...
Hi there,I closed on my sixth buy and hold rental recently, and had my first Open House for it this past weekend. Today, I received multiple calls from the next door neighbor, and he is insisting on having a say in t...
America doesn't come from politicians. It comes from people inventing things and creating. The telephone, the telegraph, the computer, electricity, automobiles none came from government. Our world is going to get be...
Hello everyone,So I recently acquired 2 new rentals, central Florida area.One around 3rd week of November, the other early December.Both are in great areas, priced at market rents.I'm working with a friend of mine who...
So we recently tried selling a house. The day before closing, the buyers backed out. No reason was stated.We only got a quarter of their earnest money.I was under the impression the earnest money exists to protect t...
Hello BP community!I am wondering if some of you make exceptions to the 70% rule in some cases. I have one in my sights and am in communication with the very motivated owner. Time is short for him and he has agreed to...
I've been mulling this over for a while now and I'm not sure how much is the right amount to charge in a security deposit. So I wanted to get some opinions. My gut says something like "two months the rent" but that ca...
Trying to buy short sale w/ 2 bank loans. I offered 184k to seller and they accepted, sent to Bank 1, that has 212k loan. Bank 1 agreed and offered 1.5k to Bank 2, that has 38k loan. Bank 2 is refusing to sign, but...
I am a first time home buyer trying to start my real estate portfolio. My goal this year is to buy a rental property that I can lease as soon as I close or after some minor repairs. I am open to single family homes an...
Hi All,I'm looking for some thoughts on a potential deal I recently came across.This would be an off-market purchase of a double lot (99' x 140'), and it's Zoned R2. As we begin to put together build costs, I will let...