Mike Schorah
How do you renegotiate a wholesale deal?
The seller has 8 heirs. 2 of them are underaged. The attorney says that they might need to go to court to get guardianship.
The closing date for the end buyer is on or before 2/15. The closing date for the seller i...
Ericka G.
Does this cancel the deal?
I've been feeling very uneasy about a deal but had already signed the contract to sell. Today, my attny reached out and said the buyer has asked for an extension on the mortgage contingency which expires in 2 days. ...
Sade Williams
Seller of home in preforeclosure wants to back out of contract
Good Afternoon Bigger Pockets, Sade' here from South Florida. I am a new agent working with a buyer who is currently selling her current home to an investor because it is in preforeclosure. After looking for homes, sh...
Kevin Drouillard
squatter set fire to home and caused extensive damage and I’m unsure how to proceed
I recently had a squatter set fire to one of my single family rentals in Kansas City, (“East Community Team South” neighborhood). The incident was an angry response on their part because I had the property manager boa...
Chai Jonn
Solo 401k Contribution Limits
Hello All,I have opened a Solo 401k Account last year. I have self employed income for 2018 and 2019. I like to contribute to both 2018 and 2019 this year. I have filed for extension for taxes for 2018. I am getting d...
Bob Adams
HUD home with undisclosed cesspool
i(owner-occupant) am in the process of losing my emd(earnest money deposit) due to my cancelling the contract on a hud home i won the bid on -- i had everything in place on my end, loan, appraisal, etc., and was waiti...
Monte Watson
How much distress is too distressed?!?!?!
Good Evening Pro Members - I'm following the suggestions provided by David Green in his BRRRR book by buying/viewing distressed properties however, the question remains. How distressed is too distressed. As I view dis...
Kathy Lowery
Can a Seller back out of a contract?
I've been in contract to purchase a single family home for almost 2 years (numerous extensions). Now the seller wants to back out (refuses to extend). Do I have any rights at all in this case? My realtor states since...
AJ Satcher
Looking for CPA for the Upcoming Tax Season (ATL, GA)
Hello,I am looking for an investor friendly CPA to help me with the upcoming tax year. I work a full time W2, own two properties and also run a rental car biz. I'm located in Atlanta, GA.Thanks in advance.
Peter H.
New member and advice request
Hi,
My name is Peter. A friend introduced me to bp; I was so excited and started podcast from episode 1 to episode 50 in a month or two. I started real estating investing - pretty much just buy and hold for a...