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Anyone ever have a great deal (verbal) going with a seller and have the seller consult their attorney about the upcoming transaction and have the attorney steal the deal? I did and it isnt a good feeling. Its what I w...
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Hey Bigger Pockets!
Once Again, im not being the best at posting, but I promise ill get better once I have some more time! Too many houses. BUT, I wanted to at least post one that maybe others can learn from. Thi...
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If I was to put in a very low offer due to the fact that the listed property has had no written offers in 2 weeks how would I structure that?Example: 100k property with an offer of 60kI know that's a large spread of 6...
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Hello BP!I saw a very strange SFH listing today. A seller owns this house together with his family member and wants to sell his share (50%) without occupancy rights. The sale price equals to the unpaid mortgage amount...
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Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
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One of my rental properties in Kansas City is managed by a property manager. My recent monthly owner statement included a $443 charge for replacing a kitchen faucet. Seemed excessive to me so I got a breakdown of th...
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I have heard of many investors filing liens on property or on friend’s property in an attempt to fend off legal challenges that would arise from someone identifying this equity. I realize that entities can be used ...
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Honestly, I thought I would go ahead and start with Columbus market and based on some of the data that I have seen it made sense. Now I am just not sure. I guess for few reasons;1) fear of out of state investing - yes...
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I am a newbie... stuck in analysis paralysis. I "know how" to find the homes, how to possibly contact the owners, how to locate / assign contract. But all of this is from books and podcasts. I need to get in! My famil...
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It seems these tenants feel a sense of entitlement for not paying the rent. They think life problems they have created with their own choices should be solved by a landlord's pocket book.Economics and running a busine...