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closing costs question
something I hadn't thought of but I'm assuming when you negotiate a contract you have to work in closing costs details. how is it normally done on property you are going to assign? buyer pays all closing costs? I have...
Tim V.
My first tenant to skip rent
Just venting here as I know you guys will understand My tenant has gone radio silent. No responses to calls, text, email. Last message from her was shes trying to get rental assistance due to missing work due to the T...
Liz Ridgway
Shifting from W2 career to Full Time RE
I recently left my career in hotel event planning and group sales because I decided that if I am going to be spending 60-80 hours/week working, I would rather put those efforts towards something that will yield better...
Joshua Dorkin
Help Us Build the Ultimate Crowdsourced Investing Guide
Hey All -
I've begun to work on an interactive guide for real estate investors that will be a part of the BiggerPockets site and I wanted to see if there were any volunteers to help us create this awesome resource.
...
Mike Lowery
Thoughts on this lease option deal
Hello BP!I am looking to sell my residence in Milwaukee, WI due to a job relocation. The property has been on the market for approximately 4 months with a starting sales price of $129,900. There was a sale one month p...
Tim Jett
Window A/C added Electric Cost
I just purchased my first 4 unit apartment complex in Central NY and with summer approaching I have tenants starting to ask about being able to use window A/C units. My lease states no window A/C units without writte...
Beau Miller
Risk Seller Not Performing
Hello everyone, hoping for a bit of advise here. I've connected with a Seller who has a traditional 3/2 ranch style home that is structurally fine, but is in need of total interior renovation. Seller is willing to se...
Brandon Birmingham
First investment property-need opinions!
I am fixing to close on my first rental property. The bank did 75% I put 25%. The bank loan is 14,500 and my cash is around 6500 after closing and insurance. The home as is value is 25,000 with repairs that i listed f...
Matt Geerts
New landlord in London, Ontario
Hello!I am an aspiring real estate tycoon currently posing as a computer engineer. I live in St. Thomas and work in London, Ontario and I'm in the middle of closing my first rental! I am currently trying to find peopl...
Moss Siridajnawanan
How/Can we negotiate to lower the purchasing price after it’s already in Escrow?
We got out first BRRR deal a few weeks ago and it’s still in escrow. We found out that costs of rehab is quite over our budget. We offered at $399,000. Rehab is $36,000 and ARV is $510,000. We are comfortable and expe...