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So I have a tenant buyer in a house right now. They are 1 year into their 2 year lease agreement and their option to purchase agreement states they can purchase any time during those 2 years. They just informed me tha...
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Hello BP Members,I hope everyone is staying safe, healthy and sane in these crazy times. I am currently under contract on a vacation rental in the Smoky Mountains (approx. 10 min from Pigeon Forge), with a closing da...
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I have a project underway and am doing some of the work myself. I'm curious if anyone else has run into a problem when rehabbing a property, and doing the work yourself. Have you been required to have a General Contra...
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Ok - I just dont get it...If a seller carries the second, does that mean he is actually taking out a mortgage for like 20% so that you pay only 80? Or that he's cashing out 20% and giving it to you, or what?
Is it som...
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Situation: My Tenant Stopped Paying and has violated my “ rent to own “ agreement. He is 20 days late, total violation, contract is now void. I have to evict as he said “ I do not have any funds to pay that rent “ - I...
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Newbie here and here's the 411 on this deal. My cousin rents a house in Albuquerque that I stay at whenever I'm in town. He finishes law school in May at which time his lease ends (unfortunately he's not gonna be a re...
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I found a 10 Unit apartment (6 2-bed, 4 1-bed) that had been sitting on Zillow for more than 6 months! I added it to my portfolio December 1st. I knew the area and market, drove by and did some basic numbers. The f...
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@Russell Brazil@James Wise@Joel Owens@Darren Sager@jay hinrichsWell, I find myself in a bit of a dilemma.I decided to get my Broker's License and start a Brokerage Firm. I now have my NY Real Estate BROKER's License (...
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I have a fairly steady rental property. It was a former home of mine. I lived in it for 7 years and it has been rented for about 6 years. There still is a mortgage on the property and it has a decent amount of equity ...