The asking price is likely at retail or above. What would you do? Call him back and throw him a lower offer? Call him back and say "thanks for calling. Call me if you ever want to have a serious conversation?" Don't c...

I have been negotiating a seller finance deal with an owner of a storage facility. He is willing to seller finance for 5 years, but it looking for around a 100k down payment. We have about half of that cost. Other tha...

I have a 4 plex that should close in June. The inspector came today and found small issues like not enough insulation on AC lines, not enough smoke alarms etc.  Furnaces were about 12 years old which we knew when we w...

Does anyone know someone who is willing to lend or be an equity partner for short term rental arbitrage? I have the unit selected and first tenant. Would need funding to furnish and get it set up. Trying to do 12 of t...

Are lenders who are asking for a "retainer" or "due diligence" fee a real thing?  Sounds, like another scam for real estate investors who are looking for money or need money as easy prey.  Can someone explain that pro...

I am working with two out of state real estate agent. One of the agent went to the property and recorded a video with detailed comments. This video revealed few things what we did not see in photos posted on the listi...

Hello! I have a buyer who is waiting for a short-sale approval on a home. Everything else is done. Financing is in place, appraisals & inspections have been completed, and all documentation has been submitted to b...

My parents are trying to sell their house in Carmel, New York. They just discovered that the 2 additions done on the house before they purchased in 1984 got permits, but were never given CO's. The permits are from 1...

First off, I'm new to the BP community and I just wanted to say and give a slight intro about myself.  My wife and I have been landlords for 16 years and now have three properties simply because we just converted our ...

One of the aspects of the real estate industry that interests me is the abundance of niches. I'm excited by the different ways in which entrepreneurs can pursue opportunities in this industry. I'm interested in expl...