Nicholas LaGatta
Adair Park Historic District - What to tell Urban Design Comm.?
Hi all,I bought a 1925 duplex on Metropolitan next to "the green store." It's in the Adair Park Historic District. After a car crashed into the front of it, I decided to try to lump all exterior changes I might want...
Brett Riemensnider
Offer Accepted on First Rental Property!
Just got word yesterday that the seller accepted my offer on a 4plex! Very excited for my first move into real estate. The 4 units are a 3bed 1bath, a 1and 1, and two 2 and 1’s. I will be moving into the 1 and 1 and r...
Nate B.
Contract Void? Undermarket buddy hook-up prior to closing on storage
Must annual contracts be upheld after transfer of ownership?Scenario: Closing on a storage facility. A few annual leases in there at under market rents. I was going to leave them in place; however, this weekend the...
Alecia Loveless
My Realtor Included my Pre-Approval Amount With my Offer
I’m making an offer on a MF and my realtor included my pre-approval amount with my offer. I offered $25,000 less than the asking price as there’s no comps anywhere near the asking price. Granted this building is much ...
Matthew Marshall
Best approach to Cold Calling distressed home owners
Hello BPers,
So I was out and about today and like always I was keeping a keen eye out for properties that look distressed. I happened to find two properties on a nice street that completely stood out. I d...
Peri Eryigit
Do you pay a tenant finder fee?
Does anyone pay a tenant finder fee to a property manager or agent?
We have a property manager that we pay 8% of rents to plus a tenant finder fee. He also wants to be paid per showing because we've had many showing...
Andrew O.
Title search and insurance without escrow?
So I am looking at closing on a house at the end of the week, fsbo. The owner is not exactly trusting, wouldn't sign anything until I was happy with the property and was prepared to pay in full.
So I had a property i...
Gilbert Dominguez
The latest skinny on Dodd Frank and the Safe Act
If you are an individual you can owner finance one deal per year, If you are married your wife can likewise owner finance one deal per year. If you are a trust you can do one deal per year. If you are an LLC or some o...
Simon Stahl
Same deal from two wholesalers. What is the right thing to do?
I have signed up with several wholesalers. Quite often, wholesaler A sends me a property and a few days later, wholesaler B sends me the same property but with a slightly increased price (including his fee). Wholesale...
Shashank Gokhale
Contract law for buying real estate
Im in Texas, but this pertains to any state. Is it necessary to use the real estate contract that the state provides or can you make up your own contract?
As long as both parties agree to and sign a contract, then...