Gurjot Grewal
Having a hard time estimating rehab costs in order to make offer.
Hello BPI'm planning on doing a long-distance BRRR. Currently making offers and looking for a deal. J Scotts' book on estimating rehab costs has been helpful, I'm almost done reading it (will probably re-read it). But...
Michael Plante
Definition of "AS IS"
As is as of the signing of the acceptance?Or as is as of the closing?Meaning if the property is damaged between acceptance of the offer and the closing. Is the seller responsible?Can they be held responsible to repai...
Bryan L.
Offer accepted verbally - nothing in writing!
Looking for advice on an REO property. I made a cash offer that was not accepted...a couple weeks later they made a counter close to my offer and I accepted. They required new paperwork and a new letter from my bank...
Jeremy Stepanovich
Negotiation Strategies when Price Doesn't Work
Hi everyone,I'm wondering what I can do to help level the playing field with a seller when we can't agree on a price. Here is some quick background on the property:This is a 3-flat that I am looking to house hackTwo 3...
Chip Carter
Confusion about Repair Estimates Throughout the Deal Funnel
Hello, I was hoping you could help me clear up some confusion about estimating repair costs throughout the deal funnel. I understand that to BRRRR you need a distressed property and often this will be property that n...
Chris Matheson
Seller countering with higher price
I made an offer on my first commercial property. It is an 8 plex near where I live and is rented under market by about 20%. I have walked the property with the owner and finally made an offer a couple weeks ago. The s...
Anthony Gayden
Am I Out of Line? Negotiating After Inspection
I have a house under contract here in Omaha. I agreed to buy the house as-is with no repairs to be done by the seller. I had a home inspection and discovered a couple of repairs that will cost me a few grand. I had ba...
Redha Laafia
Contractor Rehab Estimate Help!
Good morning Guys!We’ve started our journey in REI with my partner and are actively looking to get our first deal (SFR - 3 bed 1 bath).We look at a ton of deals on the MLS everyday and pre-select properties that we wa...
Mark Gutierrez
Direct mail first hit
Hello BP, I need some advice. I am doing my first direct mail campaign and got my first call today. I got my first walk through tomorrow. He wanted to know how much we would offer, I didn't give him a number as I want...
Jeff Filali
Oklahoma Proposes Legislation Against Wholesaling!
Oklahoma Proposes Legislation Against Wholesaling!
This passed the sub-committee unanimously by 7-0 vote, and now would move on to be voted on.
Oklahoma HB 3104
This act shall be known and may be cited as the ...