We're wanting to learn how Land Contracts differ from regular note transactions. We know because of it being a contract, there are state specifics that might throw extra steps. Is there something we should make sure w...
Do you allow a potential renter to review lease before viewing or submitting an application?
Hello fellow biggerpocketers, We are reviewing our contract with our PM regarding termination fees. I found this section:12. FEES UPON TERMINATION: At the time this agreement ends, Owner must pay Broker:A. all amounts...
In my local market I have found that good small multifamily homes are difficult to come by. Naturally, I began to ask myself, can I use a FHA 203k to convert a single family home with a basement (unfinished/finished)...
Hey BP fam!I've been slogging through what WAS my first flip for nearly a year now (same old story here -- hired the wrong person, made other bad decisions, blah blah) and we've finally righted the ship by getting a s...
Hello, I've been a little reluctant putting a deal together because of my lack of understanding of contracts. I have a Florida FARBAR contract sent to me by my attorney and I understand to add an addendum to protect m...
Question for any of the experts out there...I'm looking to get in the real estate game in the next 12-18 moths. if one had $70-100k, would it be better to buy a small property with cash and rent it out monthly or put ...
I am trying to practice analyzing deals but I always get stuck when it comes to renovations. Is there a standard or rule of thumb to estimate renovation costs? I know every property is different - does anyone have any...
Hello,I've been looking for creative methods to utilize the funds in my Self directed IRA to purchase Real Estate. I don't have enough to purchase the type of SFR I want, and I am wondering if I would be able to use t...
I'm investing in an area in southwest Georgia were a lot of the distressed properties have an ARV ranging from 50 and below. From my experience(which is not that detailed) making offers using the 70% rule (70%ARV- rep...