Frank S.
Negotiation Assistance - Nonconforming Garden Unit Observed
Hi BPs, Fortune brought me a motivated seller with a nonconforming garden unit, some may say illegal unit. Who am I to say?I read about the code requirements, and de-conversion risk. It can be as easy as removing the...
Jim S.
Raising rent on Month to month
On m2m lease how do you raise the rent? Send a email & letter obviously but do you have them sign it or is a 60 day notification sufficient? I know I only need to give 30 day notice but I like to give 60. Do you d...
Hamza F.
Hard Money Lender Sourcing Tips
Hello,My partner and I are about to acquire a small MF (2-4 units) in AL and are looking for private money lenders who can provide a fixed-rate loan (either to us personally or to an LLC). What would be the best way t...
Gabriel Cuevas
Private Lending Tips
Good afternoon fellow investors,I would like to get into the lending business, whether it’s for a down payment on a rental property or money for a fix and flip. I am open to all options, however I would like to gain t...
Malik Batchelor
Probate
Hey does anyone have experience searching for probate leads at the courthouse in Norfolk, VA?
Todd Heintz
Do you always use a purchase contract when making an offer?
Hello fellow BP'ers. I have a question for you. When you are negotiating a deal for a SFR do you use the real estate contract when submitting your offer? How many go about it more casually until a verbal offer is a...
Jane S.
Angry tenant Lease Expiring
Is it a red flag if tenant refuses to respond to my phone, email and text messages? Her lease expires last day of this year. I offered additional 2 months on a 12 month lease so they could enjoy holidays, since findin...
Sam Leon
How to "negotiate" a verbal offer?
I am dealing with a FSBO property. Seller is not experienced in the process and did not hire an agent for representation.I sent in a formal contract offer. He has a few other offers, but from what he described, they...
Mike A.
Loss of rent / income insurance - response from insurance company
I messaged my agent and asked if tenants are unable to pay and evictions are stayed, can I request loss of rent assistance from the insurance policy. Here was her response:"In any shutdown due to a scare or pandemic o...
Dametrius Clark
Too renovate or to not?
I’m a newbie in Cleveland Ohio. A friend and I want to learn the skills of buying and rehabbing ourselves. So my question is should we buy a super cheap property and learn how to rehab as we go or should we do an appr...