Hi BP community! My husband and I are in the process of buying our first property, a residential 4bd, 1 ba house in the Catskills in NY. The 2,500 sqft house was purchased 2 years ago as a foreclosure for $140K and fl...
This is a little lengthy so forgive me.I had a buyer that I signed multiple extensions for. We had agreed o. $6,000 in credits at closing for repairs. Ultimately she was denied. Her boyfriend stepped up and offered to...
So, long story short, I am confident that my with holding of a portion of the security deposit was correct and accurate, and that it was done in the lawful time frame. I get this letter saying really a bunch of nothin...
Out of the many wholesales I've done in the last year, we have a solid one now where the sellers attorney instructed her not to give us a key before closing. We have multiple interested buyers who want to see the pro...
I am a broker and I have a client that wants to change lenders due to terms of loan not being what they originally said, what other lender will take his existing appraisal?
Hello everyone, I have a question about building a home in Kern county Bakersfield,CA. My uncle was considering building a couple of homes on a lot and was wondering if the return would be worth it or not. Each house ...
Looking for advice from hosts on this. One of our listings is rural (next to our ranch house) and we have experienced a few power outages recently due to lightning storms. Ranging from 1 hr to overnight in one case...
Hi,Im looking at a 5 unit. Asked agent for financials. to SEE if what they say they are getting for rents are REALLy what they are getting.Agents answer: no but its a no brainer, its a money maker. Really?I did this t...
Does anyone initiate the "Annual Rent Increase" in their lease contracts, where you use a percentage factor to increase your rents on an annual basis, even if you have some one sign a multi-year lease.
Hello all!Quick question! I am newer than brand new in real estate investing. Actually, I have not even dove in yet. The reason...?My wife and I are trying to secure our personal and permanent residence first (And I a...