Bryan Hancock
Designing Around Restrictive Covenant Risk When Purchasing Land
We have a purchase contract for a lot in Austin that we're planning to build a duplex on. We recently received a title commitment and Schedule B shows an exception for some restrictive covenants from 1948. These wer...
Michelle Eisenberg
Property Manager Isn't Showing Property--Say They Are Too Busy
I have been working with a property management company in St. Louis to get the SFR we just bought rent ready. The process hasn't been perfect, but overall, they've done a good and relatively fast job of getting it rea...
Tom La Rosa
New House, Broken Sewer Line, Legal Problem, What to do ?
To make a long story short . . . .I bought a house 2 months ago, I just had the sewer line video scoped. There is a break in it, with tree roots inside.It has become apparent the previous owner knew about it and did n...
Stephen Barton
Would you buy a killer deal even if it took you 2 years to close?
I have waited two years to post about this. Well, make that 2 years and 2 months but who's counting. About two years ago I had sent out some mailers that proved to be very successful. I know we had a couple of deals o...
Kyle Davis
Partnership/Ownership Help for Hotel
Help BP members!I'm proceeding with my first large commercial project (building a new hotel) and working on finding investors/partners.Here's the deal:The all-in cost for the project is $4,000,000. The local bank wan...
Ryan Sullivan
Analysis Paralysis or Just Right
Hi BiggerPockets Family,After watching Paul Moore's live YouTube post yesterday he had mentioned to someone, thst they should wait to make their first move during this time of uncertainty, and learn during this time i...
Eric B.
Can I use equity?
I currently have an as is home I need a cash buyer for but would like to move into a new home asap. Can I use the equity on my current home somehow to meet my wanted monthly budget for the new home? The home I am...
Todd Miller
Deal in Front of me and Can't Close the Deal
Hello Everyone.
My father has a rental home which neither he nor the tenant are maintaining. I have already tried to purchase the property from him at an agreed $60K (Appraisal is $100K+) to repair and hold a...
Henry M.
Bank is Going Cuckoo for COCOA PUFFs - A True Shortsale Joke
Ok, So I rarely post anything if ever, but I thought this situation warranted it.
I sent letters to homes up for auction (monthly/bi-monthly) and received a call from a woman who was in distress crying. She...
Sarah Larbi
CANADA- where are you all buying?
Is anyone able to get to the 1% or 2% rule in Canada? If so where? And how recently did you purchase?