Stephen N Workman
Due diligence before closing
Hey, I just got a 2 unit multi-family property under contract. It is not the best deal so I want to take this time to figure out how to negotiate the sale price. the attorney is sorting through all the title stuff, th...
Joseph Gary
Offer Price Questions/Negotiation
When putting in a offer on a commercial apartment building. How do we receive our offer price? My partner and I are doing an analysis on how much to offer on a commercial apartment building. Our analysis consist of th...
Juan V Lopez
In VERY One-Sided Deal With Landlord For My Business Building
Context: I own a donut shop in a busy area in Denver. I acquired the business in January 2019 and the previous owner had a lease agreement through April 2021. Business is good, but my current lease is terribly one-sid...
Corey Kenney
Seller misrepresented the property and now I am under contract?
In my scenario the property was being marketed as having “Central Air” cooling and it actually spells It out on the listing twice so I didn’t question it and after seeing so many properties that day i assumed everyth...
Walter Pape
Assignment / Compensation fee help!!!
I have a property under contract and the seller is selling it lower than what we signed for. They are asking what are my commissions and fees. Because I am not a licensed agent I cant accept commissions, correct? Do ...
Danny Jimenez
When and where are contingencies made?
Hello BP friends! At what point in the purchasing process are the contingencies made?For example, if you were looking to flip a house, when you make your initial offer, is that when you mention that you would like an ...
CJ Moulton
What happens when an appraisal is higher or lower than the purchase price?
Hey BP,What happens when an appraisal is higher or lower than the purchase price?Lets say you put in an offer for a house at $200k, and it gets accepted. Once the appraisal is complete, the value is now $150k. What ex...
Tom J.
Rockstar Investments - Brandon Rooks
I recently saw a video on Rockstar Investments investing opportunity with a gentleman named Brandon Rooks. The only reason why I had heard of them is because a colleague of mine invested with them and ended up losing ...
Chris T.
Rent Non-Payment and Lease Negotiation
With the recent report of large national tenants (Cheesecake Factory, Mattress Firm, Subway, etc.) already announcing that they will not be paying April rents, what will be the long term impact? It sounds like some o...
Ceril S.
Can the seller do this? Cancel leases?
Hi BP gang,I find myself in a strange predicament. We are under contract for a house that had an advertised rent with an advertised rented out period. "Fully rented until 2016!" Yeah - I know - should have seen it co...