We have a cash offer on our house and we have met all of the contingencies set forth in the contract. Now the buyers wants an appraisal for his "personal" use. We are very hesitant to let him do it, for prices have ...
We had new tenants move in this past April into an A/B property and we learned they haven't been paying the gas bill. Their credit was 675 and income was good and all references checked out as excellent. We include ...
Hello. BP,We’re scraping the bottom of the barrel to get this project to the finish line but are coming up short and I’m worried about what will happen when I apply for a cash-out loan. Let me give the scenario and I’...
Good Afternoon, I have a quick question about the law requirements or type of responsibility we have as a landlord. A tenant of ours wanted their stairs replaced, because the riser had fallen off. Even though it...
HI BP,This would be my first deal. We are looking for mainly rental units but willing to do a couple flips a year is our long term goals.Our mentor we met recently is VERY experienced nice older gentlemen. First dea...
Alrighty my fellow BiggerPocketians, here are the crazy pictures of my first prospect. But before we begin, you may have noticed I uploaded a picture of my actual self... So yeah... that's me, nice to meet you all hah...
Hello BP Members,I recently bid on and "won" a property at an auction that occurred this past early March. Prior to bidding, I did my due diligence and felt comfortable bidding (i.e. ensuring it was a 1st mortgage, t...
Following @Steve K.'s recent post on rising rents in his greater area, I took a look at what's going on in my small, urban target area. I'm looking at a clear 25% rise in newly posted rental properties per-square-foot...
I am about to make an offer on an AS-IS SKELETON 3-family using the seller's realtor's contract. I'm wondering if anyone has thoughts about this clause in the contract:
"If this Contract is legally and rightfully can...
Hey BP,Trying to get ideas about ONE THING that really stuck out that your previous landlord did that made the relationship a memorable one (in a favorable way). Conversely, feel free to add something that a terrible ...