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Hello all.Our future renter wants to put these two items in the contract, one is in case we put the house on the market. Note that she is a lawyer. We don't fully understand the escrow clause and how it might affect ...
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Hey guys,I’ll share more about my first deal and how I found myself here in another post, but I wanted to make a specific post about something that’s been on my mind.I work with a partner (he has the money, I have the...
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My tenant has been in since Nov 2018. Out of the 4 months, he has been 15 days late for 3 months. My lease states rent is due on the 1st. It is late as of the 5th and there is a $50 late fee as of the 5th. He consiste...
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Need advice. I received an offer on my primary residence. The buyer is asking that I carry 10% ($69k) for 5 years at 5%. The offer is a "lowball" offer and we both know that a more realistic sales price is $750k. (He ...
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I am planning to begin selling performing notes to folks who need income investments and would like to have a 3rd party escrow agent who knows notes and can handle the escrow and closing process. This would include t...
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I recently considered shifting some of my REI business back to wholesaling lease options which I did successfully for several years. The last 2 years I focused on regular wholesaling "flipping contracts" but I though...
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Hi everyone,Many people on BP are seeking a mentor to help them with investing in real estate. My question is what qualities and or skill set do you look for in a mentor. What are you looking to get from the relatio...
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Hi, As a lanlord and property manager of our own properties. I wanted to set up Automatic License Plate Reader Cameras and Software to detect Strange vehicles in the complex. We have a HOA annd so was wondering if any...
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Hi all, recently during an initial meeting with a potential investor I learned that Account Closed's Morris Invest was offering turn-key properties in our area. I was unaware that they were even in our market as a tur...
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I have never backed out on a deal for which I have paid earnest money before.
I had an accepted offer on a duplex. I mailed my earnest money but later I changed my mind because another offer of mine got accepted so ...