Mariah G.
First Time Under Contract - Estoppel Agreement
Hi everyone! I'm under contract for a duplex and I have about 10 days left in the due dilligence period. The inspection is in 7 days and I've requested an estoppel agreement via my agent in the meantime. My agent does...
Patrick Wheeler
Being Forced To Have Your Equity Bought Out?
Hey Everyone,I had a partnership with two others during the acquisition of a couple properties, both of which are still currently being renovated. Leading up to the purchases, we had a verbal agreement of a 45%/45%/10...
Darrell Boazman
NO RECORD OF SECURITY DEPOSITS/ OR LEASE AGREEMENTS IN PLACE.
Hello everyone, BACKGROUND: I have a property I am set to close on towards the end of the month. This particular property is a duplex and the seller is the spouse of a widow. The husband passed away and from my unders...
Jeremy Jackson
Need advise on my first seller financing purchase in TX
Hey BP'ers! I'm working on negotiations on my first owner financing purchase. In short, I gave the owner 3 options (verbally) and she seems to be more interested in the seller financing option. I'm doing the walk th...
Sophie Lee
General contractor overcharging by 70% - help!
Hi everyone, I'm sure my story is a common one, but I just received my general contractor's latest invoice and am starting to seriously panic. We are nearing the end of a remodeling project of a house my husband and I...
Anthony Vaganos
DCSR vs Conventional with transfer tax
Hi all,
First time post as I get ready for my first investment. For the PA investors out there or maybe in other states with high transfer taxes (2% of property value). Curious on whether you've found the math more f...
Bryan Cruz
Is real estate wholesale legal in kansas/missouri? (article atch)
Hey BP,My name is Bryan Cruz, im new to the community. I found this Link when researching the legality of wholesale real estate.
http://www.marei.org/is-wholesaling-illegal-no-but-you-need-to-do-it-right/#:~:text=As%...
Allan Landfried
Your opinion on this situation?
Hello BiggerPockets! :)
I have been reading this forum for a while now… almost daily! I finally have a question that I think is worthy of the board.
My Background…
I have been a landlord of 4 units now for about 5 y...
Sandhya Gorman
How to tell a prosective tenant they were not selected?
Hi,We are in a situation where we have multiple qualified applicants wanting to rent our house. What's the best way to tell them we didn't select them? Any guidance would be appreciated! Thanks, Sandhya
Tyrone Vaughan
Apartment Building Re-Pipe Cost Question
I'm looking to do a cold water re-pipe, probably coppper type L, for a 66 unit apartment building in southern CA. I'm not going to need anyone to do wall work/patching, I have my own guys for that. Its all one bedro...