Jeremy Dugal
Letter Explaining Actual Value once Negotiations Have Failed
Hello. I was recently in talks to purchase a three unit building in Maine. Original asking price is $110,000. Owner dropped price to $83,000 after approx. 9 mos on market. The owner is the son of the deceased prev...
Greg Teamann
1st deal done - lessons learned
I started learning about the business of real estate since May 2018 and recently closed on my first property in October 2018 and am about to officially become a landlord by signing my first lease in 2 days. BP has be...
Kerry M.
Qualifications for renters - list complete?
Hi - our apartment is nice and ready to show this weekend. I want to have a consistent list of renter requirements before we communicate directly with the three possible renters who have shown interest. The goal is...
Christine Garnier
Where Can I find A Cash Buyer?
I just signed my first property under contract, in a few hours which was pretty cool. I had a list of 5 potential cash buyer companies in Atlanta but when I introduced my deal, they did not know what to do with it. Th...
Robby Sanchez
No walk through until contract is executed?
I have a deal I'm interested in and would like to know more about it but the broker specifically says "there can be no showings until a contract is executed" what exactly does that mean? I understand I have to submit ...
Jim Biggs
Reserve Accounts
Who typically keeps the reserve account in a large multifamily transaction, buyer or seller?
Charlie Moore
Should you change your application criteria based on the market?
If the majority of my homes are in LOW INCOME areas and C-Class rated homes... Should I be altering my rental application criteria? - I think the credit check is scaring so many people off and I don’t want that to kee...
Ray Loveless
My Agent wants me to sign a "buyer's-Broker" agreement. go/no-go?
So I'm searching for a Multi family property in Utah, I've contacted some agents and let them know I'm looking. One agent, who I've worked with for a bit, send me an email stating they have an off market deal and tha...
Jeremy Fields
Signing new lease before notifying current tenant
I have a tenant in one unit of my duplex who I inherited with the purchase and I need him out. Currently he's 4 months away from the lease expiration, but need to sign up a new tenant NOW because it's a college town a...
Felipe Carrillo
Rent payment method for tenants
Hey BPers,Looking to get my first rental property rented out and I'm wondering what's a good system to offer to allow tenants to pay rent. I've heard that this could get tricky because if the tenant doesn't pay on tim...