Gregory Bentley
Personal Judgement listed on O&E
We are looking at a property that will be on an upcoming auction and ordered and O&E report. When we got it back we noticed that it has a judgement lien that in which the defendant is not a listed party on the loa...
George Fitz
Interviewing listing agents
I'm currently interviewing listing agents for a triplex I own. Plan is to put it on the market in the next 1-2 months. I'm only looking at agents that specialize in investment real estate in my area. Does anyone have ...
John Thedford
FRAUD: What Would Be The Defense?
Scenario:1. Unlicensed broker puts a house under contract.2. Unlicensed brokers fails to close3. Unlicensed broker takes through several people under false pretenses4. Unlicensed broker gets property assigned5. Seller...
Nicholas Bailey
Newbie in Chicago IL looking to get into multi-family rentals
Hi, I'm a lawyer from Chicago. I practice in the landlord/tenant area defending tenant's from unlawful evictions and suing landlords that unjustly keep security deposits. I'm sure that will make me EXTREMELY POPULAR...
Account Closed
BUYING PROPERTY
I NEED YOU GUYS OUT IN CYBER LAND TO UNDERSTAND I HAVE BEEN IN REAL ESTATE SINCE I WAS IN THE 10 TH GRAD AKA 16 YEARS OLD ABOUT 40 YEARS AGO. ME AND MY DAD USE TO BU Y HOMES AND I WOULD MANAGE THEM BECAUSE H...
Adam Stohlman
Michigan Purchase and Sale Contract
Hi All,I am new to BiggerPockets and am in need of a good wholesaler's Purchase and Sale Agreement contract that is compliant for doing business in Michigan—does anyone have one you could forward to me? Looking at a f...
Jerry Tolle
What You Should Know About E & O Insurance
Lawsuits are a part of everyday life living here in America. How do you protect yourself if you are a realtor. Most people think maybe I should purchase E & O insurance. Do you really think your brokers E &...
Sean Dawson
proforma expenses at 60%
'Evening. I have a question for the hive. We are talking back and forth with a broker about a 32 unit building. Rent's look good, but expenses are coming in at 60%. I feel that this is due to the fact the property...
Account Closed
Just got licensed. What’s next?
Hello, BP community.Long time lurker, first time poster!I currently hold a 9-5 doing IT consulting, but wanted to branch out and learn more about Real Estate and do a bit of networking. That’s why I decided to take th...
Trent Lee
Tenant trashed the unit - what can I do?
I have my first time dealing with a tenant who has trashed the home. Roughly $16,000 in damages. I realized there is a little I can do now but I’m looking for recommendations to avoid this in the future. Is there insu...