Adam Hofmann
Help me lease option from MY landlord
I happened to be talking to my landlord about real estate and asked if he would ever be interested in selling us his place. He said he might for the right terms since he likes us...this is in Berkeley, CA. Crazy re...
Michael Sherwood
pet deposit
What is your policy on pet deposits? I am considering renting to a couple that has a dog and also works at an animal shelter ( so they might have an occasional additional animal) The place needs new carpets so I wa...
Rodney McDaniel
Help with Property Management Company Contract
I am a renting my home and using a Property Management Company. I had concerns about the indemnification part of the contract. Should I move forward with this contract?INDEMNIFICATIONOWNER agrees to indemnify, defend ...
Aaron Markle
Handling hunting leases
Hey BPrs,I'm wondering if anyone in the BP community is familiar with renting out their land for hunting purposes? I'm planning on renting out my 140 acre vacation rental property in South west Michigan during the off...
Mike Nelson
City liens on REO -How to deal with them?
Whats the best way to deal with code/maintenance liens from city municipalities that are recorded as liens on REO, you know the $250/day liens. Some of these REOs im looking at are vacant since 2011 and the lien was ...
Peace Lily
Asbestos on the siding - worth to buy?
Hi BO members,
I recently saw a multifamily house in a good neighborhood but it has asbestos on the siding. It will cost money for removal. I was just wondering if it is worth to go through this trouble of making the...
Lincoln Coverdale
Mold found during purchase inspection and Seller won't negotiate
We have a 3 unit under contract in the Cleveland Ohio area and found mold in the basement (unoccupied common space) and the 3rd floor (occupied space). We brought in our mold remediation contractor and had an assessm...
Joseph Ortiz
PNC Insurance Needs: How Much Is Enough?
Hey everybody,
We are rehabbing our first single family buy and hold investment in Baton Rouge with the BRRR strategy in mind. Here is our first quote on adequate insurance for the property. Does this sound right? Se...
Jason J.
Environmental issues - retail property in downtown core
Hello,
I have a signed LOI in place on a small retail strip in
a core downtown area located in Minnesota. I'm in my due diligence
phase and have been talking with environmental companies regarding a
phase 1. One o...
Alex Hart
Seller Profile Sheet?
Hello,
My question is about the seller profile sheet.
I would like to know what 10 (give or take a couple) questions you ask to screen the seller when you receive a call. The type of questions that can tell you if y...