Stephanie Gledhill
Tenant harassing me
My tenant is not happy about the move in condition of my property. I had a real estate agent do the move out report and move in inspection. He is telling me he has an attorney documenting issues and telling me I decei...
Pat McCandless
using contractors to estimate repair costs
I'm trying to nail down my 1st rental property and one of the things I need to do is get a good estimate on repair costs via a walk through of the property. Since I've never done this before and don't have a construc...
Kevin Wood
Houston/General- Multi-Family Strategy To Put Under Contract or Not
My partner and I invest in the Houston area. Currently we are looking at 5-30 unit multi families. We got brought a deal that seemed to be priced at a 9% cap. We assumed with the fudgey numbers we were most likely loo...
Brian Kennedy
Seller Won't Provide Financials
Trying to purchase a 12 unit but the owner says he can't give me the Financials because they are in his tax forms and it will cost $500 for his CPA to produce the data.Shouldn't the the books be separate from his pers...
Crystal Chavis
Hold harmless agreement before entering a property
I’m hoping that someone will be willing to offer some insight.I asked my realtor to schedule a walk through of a SFH. She agreeed but states that a hold harmless agreement must be signed prior to entering the property...
Ryan Dossey
Man I love being busy (productive)
I started title work on two homes that I had under contract. (They were listed/sold within 4 days.) That should close within a week or so. On lunch I submitted an offer on an off market home from my DM campaign. After...
Wesley W.
"Quick draw" tenants
Hey guys,
During my tenure of showing rental units to prospects, I've noticed a behavioral phenomenon during showings and I am trying to figure out what it means.
Occasionally, I'll have a prospective tenant walk in...
David Robertson
Worth making an offer on a Hud home well below asking?
I found a HUD home listed at $88k that has been on the market for 90 days...it's first price drop was from $100k which is the 'As-is' value...it also had a pending contract that fell through in the last week...
Compa...
Melanie D Melton
For sale by owner, seller wants to back out
Hi, We live in Southern Illinois and we found a house on the fb marketplace that was for sale by owner. We viewed the home, made an offer for asking price, they accepted, and we signed a standard real estate purchase...
Account Closed
Should I Buy or Walk?
Hello BP Members,
I am considering purchasing a foreclosed Fanne Mae (HomePath) home with a lot of upsides and down sides. I am in desperate need for some advice because I am not very experienced with the ev...