Mark Vesu
Duplex with my Sister-in-Law 16 years ago with no agreement
All, I bought a duplex with my sis-in-law in 2004 I lived there till 2009. It is a 3BR and 2BR. I own the 3 (59% of built up space) and my SiL owns 2 (41%). From day 1 we paid everything based on this % of ownershi...
Mary Jay
Is it common in Florida?
I have always bought/made offers in the West.Three different western states. Usually, I call my RE agent and give a verbal offer and terms, then I have a written contract to sign in my email box in couple of hours, or...
Michael H.
Sending introduction letter to new tenants.
I'm about 2 weeks from closing on a 3 duplex deal. The other real estate agent has been a real pain to deal with this entire process, mostly due to her extremely slow response time (to the point where I think she's sa...
Gary Striewski
Buying a multi-family with long-term existing tenants in-lease
Hi BP. This is my first post, looking forward to hearing the thoughts of those who are more skilled than me. I know this question has been asked a million times with a million different scenarios. I’m thinking of purc...
Jay Morrison
Changing jobs in the middle or mortgage approval ?
My company is doing layoffs and mine is one of them. It is happening this week.But I saw this coming from rumors and I was interviewing already.I have a new offer letter already and will receive my first paycheck for ...
Jesus Villarreal
How would this look to an investor looking to buy
dear Bp members,
I am in the process of acquiring a property that is 50k arv but in need of 20k in repairs. The owners were wanting somewhere close to 20k. I offered 8k and they countered with 15k. We agreed...
Colby Cooper
Rental Property Investor Structure
New member here to the Bigger Pocket family. Interested in learning how to structure rental deals with partners? My Scenario: Own and manage (2) 4-Plex buildings. Looking to add a 3rd unit within my complex, however...
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%20...
Rachel Wynog
Getting a mortgage with seasonal work
trying this again...I'm in the process of buying a house in Philadelphia set to close in a few weeks with conventional mortgage. My job is seasonal (3 months to collect unemployment in the winter) but the loan officer...
Stephanie M.
Need advice-closing on new duplex with tenant w/verbal lease!?
Hi All, I am in need of some guidance. I will be closing on a new duplex on July 13 ( contingent on inspection ). There is one current tenant, who the listing agent said his lease is up in July. Listing agent just inf...