Allende Hernandez
Is it legal (or a good idea whatsoever) to reimburse screening fees?
Hello fellow landlords,The properties in question are in a market that although it is not cheap, it draws lots of money-cautious tenants. I am foreseeing a bit of a push back or even turned-off potentially decent tena...
Mark Welp
Lease Options and Property Improvements
Hello,Has anybody ever had a situation where they entered into a Lease Purchase Option Contract on a house as the seller/landlord and the tenant/buyer started making property capital improvements to the house and the ...
Greg W.
store close from weather related roof damage
Hi,If there is weather related damage to roof and a commercial store tenant is forced to close, who's responsible for reimbursing the tenant for loss? Building owner? Building owners insurance? The Store owner's insur...
Dan K.
What are terms for a typical second note/seller financing?
Hey BP!I'm hoping to acquire a few more rental properties quickly, and began reaching out to a few owners of larger buildings who may be willing to help with seller financing.I was hoping to find a seller that is will...
Karen Margrave
Medical office building niche?
Are there any investors on here that like to invest in medical office buildings? What is your criteria?
Shahdan Calcuttawalla
Partnership Tax Advice
123 N Shore Owned by Partner A worth $105,000123 Coffee Bedford owned by Partner B worth $55,000ABC LLC has $1500 in the Bank, Partner B 51% Partner A 49%. In company resolution is it passed that Partner B & Partn...
Dennis Luciano
hard money terms
Hello bigger pockets I have a question regarding harmony lending terms of what's typical in the contract.I have a closing coming up and the final terms seem different than expected. I am being told that the terms are ...
Francis Dinh
Seller mistake lead to cancelling the contract
Hello all,I am buyer from California and under a contract to buy a house in Texas. It was supposed to close in next 48 hours. My agent just noticed me that the deal will be cancelled because the title company has foun...
Kevin Linh
RE Company offers 1 year deal! Is this too good to be true?
Hello everyone, I just found out my cousin who is taking classes at a RE company called Century 21. The contract states that if classes are taken with Century 21 (around $400 for classes and another $185ish for exam) ...
Account Closed
How do I have a hard money loan cover my rehab down payment?
I am looking to fix and flip my first property in a few months and have been looking at using a hard money lender (HML). For rough numbers I am aiming at 150K for the property and 50K for rehab. With this in mind, I h...