Corbett Brasington
Getting first right of refusal on deals, is this legal?
Being in a competitive market I am looking for ways to legally gain an advantage for BRRRR homes (that need to be fixed up), especially with on market properties. I am new to this but an idea that came to me is offer...
Craig S.
Due Diligence Checklist For Multifamily Land Acquisition?
Hello,I am interested in acquiring a parcel of land (3.4 acres) for a multifamily construction project. It is currently zoned multifamily with 27 total units density. I am interested in submitting an offer, or at leas...
Evan O'Brien
Rehab Estimate: Due Diligence
Hello! After you put an offer on a property that is approved by the seller and it is under contract, is that when you’re able to have a contractor inspect the property and provide you with an itemized bid of the scope...
Megan Elise McIlvaine
Making a blind 30% below listing price offer?
So, I watched a Bigger Pockets video with Chris Heeren where he mentioned submitting a 30% below listing price offer with a walk-through contingency in it with the hopes that the seller would then counter offer and gi...
Terry Harris
What to expect after the inspection
In the verge of purchasing my first property. Just got my offer accepted and got an inspection on the home. Found out there were a lot of safety hazards that the sellers responsible for. Also found out that there were...
Jason Merchey
"Retrading" Vs. What Ken McElroy Indicates
I was reading THe ABCs of REI by Ken McE and came across this: "[In doing due diligence], I take comfort in knowing that anything I find that would cost me money to fix is a final negotiation point before the sale clo...
Dave Williamson
Inspection Report Advice
I'm under contract on a turnkey rental property. The inspection report is at the link below. The seller has offered to fix most or all of the issues. This is in a B neighborhood.What to you see as potential red flags?...
Rosemary Clark
Offer Submission to Probate Court
Hello- looking for some feedback about submitting an offer on a house that is held in Probate. In particular, we have determined the ARV less the renovations we need to do. If our detailed list of reno items tallies...
William Huston
Possible Deal: Can you help me with the numbers.
I currently have never done a flip of this degree, so i wanted to get some input from the masses on the numbers. I have been reaching out to banks and previous owners of properties in a nearby area and a bank responde...
Ryan Emrich
Estimating CapEx in Massachusetts
Hi BP Community,I am looking to improve my CapEx estimates for properties I own and/or make offers on. I am based out of Massachusetts for price-point reference.I think of CapEx from the perspective of each property, ...