Chang Hee Lee
What to do with transferred leases?
Hey BP,Been a crazy few months... started a house flip at the beginning of summer and ran into some complications there and quite a few real estate deals that seemed to drag on forever. Now, I started managing a prope...
David Lyons
Notice to Vacate Given During Escrow
Hi all,As I mention in a previous post (https://www.biggerpockets.com/...) my wife and I are looking to buy a house hack.I have a question specific to notice to vacate. Let's say I'm under contract on a triplex with a...
Michael Lee
Townhouse/Association Reserves metric?
Hi all, Does anyone have an easy metric or calc to analyze whether an Association's reserves are sufficent?
Christopher Winkler
Do Option Contracts Need To Be Notarized?
We have an option contract that has a provision to get it notarized & I am wondering if that is really the case. The Texas TREC does not require a notary, so why would an option contract need to be notarized?Any a...
Kenneth LaVoie
sub contractor tenant agreement
Hi
My lawyer has advised me to have a simple subcontractor agreement for when a tenant does minor repairs or cleaning. I have a couple of situations like this. Very good tenant who does snow shoveling and cleaning a ...
Haider Zaman
Assignable Contracts in Virginia
Hey everyone,As a new wholesaler, I want to make sure I am well prepared for my first deal. With that said, I am looking for an assignable contract that I can use here in Richmond, VA. Would anyone either send me a ...
Shiloh Lundahl
Who are some of the REAL ESTATE LEADERS that you like to follow?
Over the last few years I have been learning a lot about leadership and mentorship at the same time that I have been learning more and more about real estate. It got me thinking, who are my real estate mentors or the ...
Riaz Mohamed
Proof of fund for cash purchase
Hello, I am selling my home in Minnesota. I have an interested buyer with cash offer. Before I accept the offer, I like to see proof of funds. What format of proof of fund is safer and recommended?Thank you in advance...
Nat Rojas
Private Money (Friends / Family) - Can they lend to me?
Hi BP! I'm reaching out to a CPA and Attorney, but would like to poll the community as well.I'm in the process of discussing terms for lending from friends/family. If they want to lend me $5K, $10K, $15K, etc. and th...
Wade G
Running a credit score on a borrower
When doing a credit check on someone that I am offering seller financing to, will using one of the numerous sites that are used to do tenant background checks suffice? Or do I need to use a different site to get a mor...