Anna Watkins
How to buy direct from seller (with a bank loan)??
This is my first real estate transaction made without an agent, and I'm not sure what steps I need to follow to do it right. I've looked in BP files and forums and am not sure what examples to follow. I've made an of...
Benjamin Schultz
Buying an 24 Unit Apt Building with a recent FIRE
(Maybe) Buying 24 unit apt building with 5 retail spaces. In Aug 2019 there was a minor fire in one of the apartments. As a result, the building was DOUSED with water and 12 apartments and 3/5 retail spaces were kno...
Russell Johnson
Seller doesn't want to pay capital gains tax on rental.
Hello BP. I have a conversation going with a seller who has multiple rentals. I made him an offer on one that would work for both of us. He didn't balk at the price but told me tonight after a conversation with his a...
Michael Corso
The Pros and Cons of Doing a Fix and Flip
If you turn on your TV and chances are you are going to see several shows on the docket that are all about fixing and flipping old homes. However, this isn’t just the latest reality television rage, it is one of the f...
Account Closed
Great Example of the Trouble with Sub2 Wraps
I don't remember reading this thread when it first appeared a year ago. It's a perfect example of the many things that can (and did!) go wrong when wrapping. The end buyer had a lease option agreement, so was not in...
Kelly Moore
New members from Cypress, Texas
Hi there, My husband, Andrew, and I live in in Cypress, Texas. We both work full time in the IT industry; he is a VP of Operations for a small managed services firm and I work as a Business Analyst in the Business Int...
Joe White
Contract Walked w/Our Money
We had a general contractor walk off of the job. So far he has been paid $42,920.00 and the work isn't even close to being done. Kitchen cupboards aren't hung, bathrooms aren't tiled and the list goes on.Basically he ...
David Ptak
Commercial Purchase of Motel
I'm looking to purchase a motel. The seller wants 2.5% of the sales price for the earnest money deposit with a 30 day contingency period and a 45 day close. It would include seller financing. Does this sound reasonabl...
Joey Morea
Leaving a bad guest review will it hurt my rank
Had my first really bad guest. Trashed my place put a hole in drywall did about 2k in damages. Working with Airbnb at moment but before I leave a bad review I have heard that it can actually hurt your Airbnb rank as a...
Kemona Palmer
Advice on dual agent
Can someone provide some advice on using the seller's agent? We found a property that we would like to put an in offer in for but it's also the seller agent. We do like her however we want to make sure that we will ...