Hello BiggerPockets Colleagues,Does anyone have a sample of a "Letter to Exercise Real Estate Purchase Option"?I am making my documents to use for Wholesaling/Assigning Property.Thank you in advance!
Hello all.I am a newbie and step one for me is saving for a down payment and practice analyzing deals. However, I think my expectations are out of whack and need input on how I should refocus. My initial strategy was...
Hi BP, Searching around but have not been able to find an answer to this question:For example I get property from seller with a L/O and then sell the option to tenant/buyer for my fee then get out of the picture. Aft...
...what would you do with it?
(Obviously, I'm looking for purely RE related answers)
My tenant-buyer successfully executed their option last week and purchased the house. They are asking for part of their rent back since we closed within this month, and there are still days left in this month.
What d...
Here's a fun thought exercise. If you had 50k to invest today (and then same thing with 100k), what simple investing measure would you do in TODAY'S environment? With a one liner on why. If you want to wait to see whe...
I started a year ago and bought three rental homes and did my first wholesale in January. Since I am relatively new and still have a long way to go in learning, I want to get better at determining ARV. On my first who...
Vague and hypothetical, but does anyone have a general rule of thumb as to if/when the IRS will exercise its right of redemption on a foreclosed property?Case in point: Property purchased at mortgage foreclosure aucti...
How do you think a 2008-esque housing market would affect the Charlotte area specifically? Are you positioned to make it through to the other side?
I have a tenant/buyer who will not be exercising her option. I have already extended her lease once and have told her that I will not do so again after this lease expires.
She is a great tenant but my overall goal...