Billy P Whyde
A deal without worry?
I am isting a bank property on a manufactured home on 6 acres it is 20 years old will need a new roof, about every wall has been punched through, carpet will need to be replaced, possibly no HUD plate as I didn'...
Sam P.
Bankruptcy or Housing Court
Do you hesitate to lease if the potential tenant has Chapter 7 bankruptcy in their credit report or "housing court" in their background?
Alexander Lang
Tenant screening - Income = 3X rent
Hi BP Fam!So the rule of thumb I hear is to have the tenants gross income equal or greater than three times the rent rate. Just to clarify, If I have a boyfriend and girlfriend, sisters, friends, whomever renting my u...
Eric James
Bound to original contract during renegotiation?
I am selling a SFH and during the option period the buyer is renegotiating based on the inspection. I may be getting a higher offer from another buyer, and am wondering: am I still bound to the first buyer's original ...
Chaz Edwards
I need some advice on a property with possible negative equity
Hey guys, I have a question about a seller I’m working with. I found a house D4$ and got in contact with the seller. The house is in good shape, needs A LOT of cosmetic work and some mechanical work. When I initially ...
David Williams
It's NOT a bribe, really. Dealing with opposing agent.
I'm a commercial tenant in an 8 unit building with a short term lease. Someone is considering buying the building. I don't believe it's publicly listed.
I've been here many years and am negotiating with the long ...
Isaac El
Steps of doing a shortsale
I have been making lots of cold calls to pre-foreclosure, and I found one that the mortgage is higher than what the house is worth so need to do short sale. I have never done one before, can anybody share the steps w...
Jason Love
Maybe a stupid question: visit before offer?
I'm looking to find a single family or small multifamily as my first rental property in the near future. I've listened to a bunch of the BP podcasts and attended several of the BP webinars on getting started. I've bou...
Julie Peak
Need advice in a tough market-no buyers
Hello! I have a client who is selling her executive townhouse for $349900. She has dropped the price over $25K over 90 days and still no offers. There are 5 other units in the same complex for sale-ours is the lowest ...
Carlos Rodrigues
Big Deal on Screening Tenants!!
Good afternoon BP I hope everyone is doing good today. For those who don't know me I sum up who I am and why I'm on BP real quick, then I'll ask my question.My name is Carlos Rodrigues and I'm new to this real estate ...