Jeff Cliff
Wording at the time of contingency removal
Hello,What all should I consider at the time of contingency removal for a house requiring major rehab and the owner has passed away, where an attorney who is a trustee is dealing with the sale.I certainly do not want ...
Patty Capson
How to word non renual of lease
One of my tenants lease will be up in June and I don't want to re-sign them. I want them out because them are not great tenants but more importantly, I want to renovate the unit and get it up to market rent. How sho...
Zach McKinney
Wording in contract to get seller cooperation
I am looking at a property that I will be subdividing & bringing sewer to. The sellers will be in the property for several months prior to closing. I would like to get the subdivision & sewer processes as far ...
Account Closed
Wording used in a private lending contract
Hello everyone! So a close family member is willing to lend me a good sum of money to help me get my feet off the ground. My partner and I want to come up with some sort of written agreement for the terms. Just wanted...
Jon Delong
Any words of wisdom for a newbie?
hello world! I'm a new wholesaler in Bay Area California and I was wondering if anyone has any advise on finding a simplified 1 page California purchase agreement?
Karl McGarvey
Why I hate the words "Let's Connect!"
How many posts a day do you see on BP, FB, Insta, or any of the other social media platforms that end with "LETS CONNECT!"TOO MANY. And many go unread, ignored by many, because they really offered nothing in the post....
Mike Schorah
How do you word a contract extension?
What do you say in an addendum to extend a contract’s closing date?I want to make sure I’m in the clear here with the legal jargon.Does anyone have example documents?
Mohammed Rahman
Understanding commercial lease commission payout term/wording
Hello BP community!
I recently closed a commercial lease transaction and needed some help understanding the commission payout structure. Although the broker explained it to me over the phone, I didn't make a note of ...
Account Closed
How to word prepayment penalty when borrowing
I've negotiated a purchase with 10% down and seller carry back for the rest. Seller agreed to purchase price and terms. Loan is for 120 days and the seller wants to be guaranteed the 120 days of interest (6%) regar...
Chris Clothier
Key Word Alerts on BiggerPockets - Game Changer!
So I have seen the emails and read the forums, but I allowed the holidays and end of the year wrap-up work to keep me from really focusing on the new Key Word Alert system that has been set up in Bigger Pockets. It t...