Vince M.
What color is it?
I got this question from a buyer about a 28 unit property in Texas recently. I thought he had failed to look at the brochure we had provided but it turms out he meant what is the discount off of the BPO. Is anyone he...
Bimal Doshi
Assignment of Contract Deposit Money
Hi All,
I will be assigning the contract on a wholesale deal.
Purchase Agreement and Unsigned Assigment of contract is emailed to my cash buyer.
In Assignment of contract, the assigment fee will be payable as non-ref...
Mary Mathers
Dishonest Disclosures in TX and Advice for a Greenhorn (me) Plz
I've been trying to purchase property in TX. I spend the time to research and find a "reasonable" investment, read the disclosures, then begin the contract, offer (all cash), and earnest money scenario. It ends after...
Jonathan Makovsky
Subject To: Flip Deal
What risks will we be contending with on a "Subject To" flip deal that we are acquiring? We understand the bank can call the Due on Sale Clause, in which case we expect to have 30 (90?) days to pay the note off, is th...
Ryan Richmond
Buyer vs. Designated Agency
When my family and I moved to Greensboro in 2020, I was referred to a real estate agent through my relocation assistant. She worked for a major brokerage and after a few transactions, I grew to know, like, and trust h...
Account Closed
Why is Wholesaling Bad for the Country . . .
Why is Wholesaling Bad for the Country . . . It Isn't!Wholesaling isn't a problem, it's the way some people "Wholesale" that creates the issues.The "clean" idea of Wholesaling is that the Wholesaler "has the intent an...
Kevin Barrett
Do these two get along: Financing & Wholesaling?
I have a lead on a $540,000+ house and an end buyer is willing to put down $100,000 in cash. I plan on putting it under contract myself and then assigning the contract to this end buyer. Is it possible to make the dea...
Dave Chow
How to handle sewer line system issues
Hi BP members,How would you handle a nice deal with house having potential sewer line issues?We are buying a rental property seems to be a good deal. But its house with age of 75+ years. Our initial sewer line system ...
Katlynn Teague
What is your biggest draw back from working with wholesalers?
Wholesalers can be very beneficial when trying to locate a potential investment property. When given the wanted location, price range, kind of rehab, exit value and strategy most wholesalers are able to find the right...
Madhur Dhawan
Can Property Management Cos offer guaranteed rent?
Are there any companies which can offer a service where they pay me a guaranteed monthly rent (may be less than what usual monthly rent but guaranteed) and then take the property and sub lease it on a per room basis o...