Jonathan Nguyen
What should I request from seller when making an offer?
I am making my first commercial real estate offer today and was wondering what I should request as part of the offer. I am putting subject to bank approval, copy of all expenses, profit and loss statements, half closi...
Karen Johnson
Do You Request Tenants E-Sign Lease?
Hello everyone,Quick question. Does anyone here have tenants e-sign their leases? I am using an online service that allows for this. I still have to meet the tenant, give keys, go over basic rules and regulations and ...
Dyryl Burnett
To the Flippers, what systems seems to work for paying your contractors?
Hello All,I'm curious to learn ones (contract/payment) systems/approach when it comes to hiring contractors (be it a general contractor or subs) and paying them for their services. I'm in Chicago, and there are SOO MA...
Jessie Sulecki
Cash out Refi opportunity
Hello BP community. I’m fairly new to real estate my wife and I are currently looking to purchase our first house together later this year. Our budget is around $250,000. While looking, I came up with an idea to help ...
Justin Przybylski
Doing an analysis
Is the persepective of the wholesaler doing an analysis on a property investment the same analysis and perspective the actual buyer/investor does? Let me rephrase if you're confused... Does the wholesaler need...
Vamshi Ananth
3.5% Down FHA vs 5% Down on conventional loan?
Hello BPers,I am currently considering a deal which I paln to finance it though a bank. The property is built in the early 1990's and is in a failry good shape , no structural damage but needs some cosmetic reparirs a...
Brittany Minger
Online Auction Property - Walk through possible
Hey folks, I'm eager to learn from everyone! Here's the scenario... I'm looking at a property at an online auction. The county clerk mentioned I could schedule a time to look at it to do an appraisal. At this point I'...
Timothy Albright
Mobile homes, why doesn’t more people buy and lease these units ?
I’m just curious why more investors are not grabbing these 2k$-5k$ homes and leasing to own with a potential ROI 100%+... trying to get a partner involved and he’s saying the numbers are too good to be true. I unders...
Bily Elliott
Long term tenant turning into probem tenant
Long story short I paid cash for a small SFR in early 2009 and had a guy move in right away. He was not a friend but someone I had known for several years. We just had handshake terms, he paid rent, took care of thi...
Ryan G.
Bank error not in my favor - Do not pass go
I may just have to chalk this up to a lesson learned, or decide to get a new banker on my team. Tell me what you think.So, I went to finance a house and my banker(who I've done 2 other mortgages with) asked me if I wa...