Gaurav Mehta
Buying a property in a potential flooding zone
Hi,I came across a property that is in a potential flooding zone. My realtor outright rejected the idea saying it will be a tear down and will cost an additional 300K.Is it really not worth pursuing the property given...
David Stone
Looking for insurance company who accepts short-term rentals
Anyone have a recommendation for an insurance company who will insure our primary home with occasional short-term rental usage, along with our other long term rental properties. What insurance companies are you guys ...
Sergio Sifuentes
Would you accept this terms from a Hard Money Lender
Hello BP, I'm trying to execute my first deal, It's going to be a flip and I was wondering whether this is a good deal or not. Assuming that the following numbers are correct:ARV- $370KInvestor cost $ $245KRehab appro...
Joel E.
Sold Home w/ accepted offer- way to get a short term advance?
I have a investment property in Wisconsin- Rental property - that I just listed for sale and have confirmed offer/buyer. The plan is for it to close on Jan 28th. In the meantime I wish I could be tapping into some of ...
Nikolas Engel
Tenant rejects personal guarantee for option, but accepts for initial lease term.
Folks,I am negotiating an owner-operated restaurant lease and tenant agrees to a personal guarantee for the initial lease term of five years but rejects a guarantee for the two options (five year each). We had not tal...
You can put a dollar number on the losses Spencer Cornelia took on his first two long-distance flips... but it's hard to quantify the value of the lessons he learned and is now passing on to you.
We noticed Spencer...
Evan Kline
Management fees for MTR
My wife and own some MTR's in the Winston Salem area. We've had a lot of success and I got my RE license to help with our own investment and also help others replicate what we've done in Winston Salem. I've had a good...
Account Closed
LETTER OF INTENT TO PURCHASE
Doing FSBO on a residential property, sales price less than 160K Which is better for me, as seller, to use, this Letter of intent to Purchase or, the Agreement to Sell and Purchase in the other post? What needs impro...
David Williams
It's NOT a bribe, really. Dealing with opposing agent.
I'm a commercial tenant in an 8 unit building with a short term lease. Someone is considering buying the building. I don't believe it's publicly listed.
I've been here many years and am negotiating with the long ...
Ray Taylor
Letter of Intent / Offer to Purchase
So I am placing an offer on a Short Sale and I feel like its just too lengthy. Below is the letter of intent, I have tried to make it personal and cover all of the details. Should I split this up into multiple documen...