Teddy Grooms
Lowballing on-market houses for brrrr
Has anyone had any success lowballing on market houses for brrr?
Mike Nelson
Submitting offers on shortsales...is it REALLY this easy??
I was talking to a friend last and he was telling me how he submits a ton of offers on short sales, waits to meet with the BPO to explain his offer and then get it accepted by the bank. Is this really the case?
Shervin Sepehri
How to Negotiate the Sales Price Down for a 7 Unit Multi in MD
The list price of this property is around 350K and the current NOI is abysmal roughly 17000. 3 of the units are vacant 1 unit is "rented" to the current landlord's son (rent free). Bank offered us a 15 year amort 6.25...
Ryan Canfield
How To Make This Work in Chicago
Hello BP,I am owner occupying a property that I financed with an FHA loan. My 1 year residency requirement expires April 2017.I recently found a property listed as a short sale that I would owner occupy. The problem...
Michael Sykora
[Calc Review]: Renting Current Property vs Selling and Buying New
This question is rather broad and understand the answer will depend on everyone's situation. There I'm looking for some guidance on figuring out how to calculate the numbers rather than a simple "you should do this" ...
Kameeka Shirle
Termite Damage Repair
I am analyzing a property that has extensive termite damage under the crawlspace and in the attic. Everything else was updated and renovated. The house is 100 years old and it is 781 Sq ft. How do you repair termite ...
Ashley Ohno
Red Herring Negotiations Technique - Does it Really Work?
Hello BP! I am listening to Rental Property Investing by Brandon Turner and I'm at the topic of negotiation techniques.One of the techniques listed is the Red Herring Technique. Basically its putting something in the ...
Alex Gordon
How would you handle this inspection report - My first deal
So I'm under contract on my first deal. I offered full price and knew there would be some issues on inspection. Its a Duplex built in 1971. Its in interesting shape as the building itself looks to be in excellent co...
Dwayne George
I found a deal....now what?
I think I found a good deal! There's a 41 unit apartment complex in Eden, NC (close to Greensboro) 31 of the 41 units are currently rented. The other units are being renovated. 39 of the 41 units are 1 bed/1 bath,...
Daniel M.
Need Urgent Advice - Complex Situation with Duplex Offer
Hello BiggerPockets Community,
I'm in a predicament regarding a duplex offer, and I'm in dire need of advice and insights from experienced investors like you.
I recently placed an offer on a duplex from the 1900s, w...