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Offering my house for Lease-Purchase Contract considering the current situation. How do I structure a fair and decent term/s for items like roof and HVAC? Thank you!
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Hi BP,
Hoping to get some feedback on this, as this stage of planning is crucial to my strategy and the source of many headaches… Sorry this post is so long.
First, I am guessing the reason targets are still on th...
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Hey all !So I am getting ready to close on a property that I will be purchasing furnished (washing machine, fridge, couch, etc.). I am curious as to how to go about depreciating these items, since they are not exactly...
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I just had to share a lesson we learned to hopefully help others be aware that this does happen and the solution is EASY. Recently we realized not all buyers are flexible as most regular human beings that were hugged ...
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I bought a house on a private contract in March for $60k, we had very little rehab and placed the home back on the market 3 weeks later. We had 3 offers in 24 hours and accepted a $99,500 conventional buyer with 10% ...
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Here goes my first BP post!I just looked at a property today that was purchased in June 2017 at 140k and the owner had some bad tenants that trashed the place. He now wants to get rid of it and is asking 139k. The hou...
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My husband and I just closed on a duplex today. I dropped off a letter to the new tenants giving them my contact information, new lease, etc. In my letter I ask them to let me know if there are any repair concerns.L...
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Greetings, all! i appreciate any feedback anyone may offer. I am in the probate process now to gain a home that is valued roughly between 675k-770k. There is about a 330k balance left on the current loan. The house co...
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A couple GPs and I just got a 50+ unit portfolio under contract. We aren't new investors (we own about 60 units combined), but this is by far our largest acquisiton. What are some of the top due diligence items you wo...
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Hi I'm closing on a house for flip this week. I needed a contractor to estimate the costs of some of the items we plan to do and help us decide which things we'll do ourselves vs what they charge etc. Also we need to ...