J Fox
Does a Highest & Best Letter Cancel Existing Counter-Offers
I made an offer on a bank owned home. The bank counter offered on a Monday with no expiration on the offer. The same week they requested highest and best offers on Thursday. I attempted to accept the counter offer ...
Corey Liepelt
option period on a letter of intent
I have a seller who is interested in selling their property via lease option, which I intend to assign. They don't expect to have their things moved out until the end of March, but obviously I would like to get the de...
Kim R.
Handyman Costs
We have a friend that is going to provide handyman services for us on our rental property. Sent him out for the first job which is to caulk the sink in the kitchen. Here is my question - if he has to buy caulk, do we ...
James Bronze
Waterloo Student Rental with 7 bedrooms
Hi,
I have recently purchased my first student rental property at Waterloo which is 1500 sqr feet with 7 bedrooms(3 second story, 2 main floor, 2 basement) and 2 bathrooms. It was after i purchased that i started rea...
Juan Abreu
Adverse Possession Affidavit?
Hi everyone!I'm trying to bid on this foreclosed house on Xome.com but they have a clause that says "Buyer will need to agree to signing a Hold Harmless. Buyer agreeing to leaving as an exception on title. Adverse Pos...
Timothy Lin
Cell Tower effect on property value?
I'm evaluating a property in NH. It has 100 acres, with a house and a barn. It was purchased in 2008 (just prior to the crash) for 632K. The owners allowed a cell tower to be constructed on the property last year. ...
Matt M.
Expanding my contracting business due to Covid
Ok guys, due to Covid I have decided to expand my remodeling and home improvement business- For $75/hour, I will virtually walk you thru remodels, flips, maintenance/repairs, and improvements. Zoom, FaceTime, or Micro...
Prabh Virk
What would you do if a section of house may have a structure issue?
Hi Bigger Pockets,I am a new investor, trying to purchase a SFH to as an investment. This is a ranch built in 1952, we loved the location, and it is very reasonably priced (Bank appraisal came at the asking price). Th...
Tom Kelly
Using a false LLC to buy and flip properties
Earlier this year I almost entered into an LLC with partners. A tax ID was established, an LLC was established in Florida and that was it. The partners could not agree on terms. I never signed a document nor invested...
Melissa Card
Wholesale an REO without back to back???
Hello BP'ers, I wonder if anyone can answer a question or knows who can...Have you heard of wholesaling an REO without a back to back close? Since you can't do an assignment.
I heard the wholesaler gets it under con...