Jaron Smith
Seller backed out after accepting deal to accept another offer
Hey everyone,I recently had a situation happen that I’m unsure of how and where it went wrong. If you could shed some light on it I’d appreciate it. I made an offer of 90k on a house listed for 119k. Sellers countered...
Peter J.
HOA Dispute - Construction Impacting Other Units
Hi fellow BP members,I'd appreciate opinions and suggestions from those members who have HOA experience similar to the following:Background: My wife and I own the bottom unit in a two-family home. Each unit has 50/5...
Matt Rathburn
Subject to Deal -- Need Help!
I think I've found a home where I could employ an effective subject to deal. It's a 3 bed/1.5 bath home, with an in law suite with it's own 1 bed 1 bath kitchen setup. It sits on 3.5 acres and it has an in ground pool...
Robert Borer
Estoppel - WHO gives to tennant?
Need a simple answer from my experienced multi-family investors. I'm about to do my first multi-unit deal and I need to verify the info current owner/seller is telling me. I know this is done with an estoppel agreem...
Paul C.
Structural drawings from General Contractor
HelloThis is my first post, I have a home in Hollywood FL with substantial termite damage in my upstairs rooms. I hired a General Contractor to get an estimate on repairs, The contractor estimated the repairs at 30K...
Alicia Katnik-Canney
Taking over existing lease
we are purchasing a property that has renters through this year. There is a lease in place but do we need to give a new lease to our tenants and have their signatures and ours, as the new owners? Thanks for the help.
Joel Florek
Writing a Purchase Agreement with Seller 2nd Position Carry
Looking for some quick help. I have an 8 unit under verbal contract. We are going to have the seller carry a 2nd position loan behind the bank. Seller financing will be for 10% of our purchase price, bank will lend th...
Stephen Barnabei
First property first eviction
Hello BP, Bought my first triplex recently on July 9th, in Delaware County, PA. I inherited tenants living in apartment 1 and apartment 3, apartment 2 is currently being renovated. Also there is a 2 car garage with a ...
Greg Doyle
Going into business with a Shark
Hey everyone,I own a small commercial real estate property, and have been approached by a potential tenant who is considered extremely successful. This tenant's team has done billions in sales and acquisitions. They s...
Andrew Samples
Late rent, dogs, and a resolve of month to month
Hello all, I am having a little issue with the first rental I have. I have a lease that ended 10/1/2016, but was continued as a month to month by how the lease is written. I have given them a emailed notice to contact...