I just came across some information about the MLS clear cooperation rules. In talking with a couple agents to date (SC and TN), I'm getting mixed messages regarding its applicability to off-market properties.Does any...
Investors can only bid on properties once a property has moved to the extended period listing. Below is an example from HUD homestore to make sure I have a good understanding of how this works.
1. Example property...
Is it customary for the developer to also be the property manager? Recently closed on a commercial property (part of a larger shopping center development) and the developer of the property is also the property manager...
I have a 38 unit apartment complex. Twenty five years ago (or so), the building was wired for cable. It is now a mess. Time Warner came out to do a site survey and have offered a complete, professional rewire of all t...
I've been proposed with a "Lease purchase" deal. Owner would lease to me $300/month and then at 4 years there will be a balloon payment due. I would be responsible for all expenses (taxes, insurance, etc). Does anyone...
Hello BP forums—help us choose a book title! This is for the medium-term rental book coming out in November.
We don't have a forum exclusively for medium-term rentals (yet!) so I figured this would be a good place to...
Hi Everyone,I'm considering buying a multifamily from HUD and had a few questions regarding the mechanics of the transaction. The rep I spoke to at HUD's main phone number wasn't much help, and so far haven't gotten a...
Investment Info:
Single-family residence note investment investment.
Purchase price: $410,000
Cash invested: $60,000
A developer friend approached me with a deal, but he was lacking the cash to purch...
Hey guys,I've been wrapping up the work my place needed and have been testing the waters with getting it rented. Thus far, I've been posting on craigslist, but quickly found that my time was being wasted by a lot of t...
I'm a new investor vetting PMs. One sent a proposed contract that grants exclusive right to sell to the PM if the property is listed during the contract duration. Is that common? Similarly, if I sell the property to a...