Colleen Barone
First time purchase- POS question
Hi,I am in the process of buying my first investment property and am using a realtor. About 5 days before closing, I found out there are POS violations; I was told by my realtor the old report expired and the inspecto...
Steven Tyrrell
Formal vs. Informal Offer Letter
My wife and I are about to buy our first property. We are not going through a real estate agent, and neither is the seller. Her son does real estate in a different state, and he is reviewing our offer letter. He asked...
Mohsin Hirani
Pre Forclourses
I am a beginner investor in the DFW area and I wanted to ask if I find a pre foreclosure deal on RealtyTrac can I contact the buyer and work out a deal (like a subject to) or do I have to contact the realtor?
Patrick Bowen
Assuming Prior Owners Notice to Vacate (Connecticut)
Hi All -I'm looking to purchase a small 5 unit apartment building in Connecticut which will require a significant amount of capex needed in order to hit proforma returns. Currently, the property is 100% occupied by mo...
Kenya Pickett
How to convince the seller
Hello everyone I am brand new to this I am actually getting educated before I start doing everything I am in Georgia and he in Georgia there aren’t any title company only closing attorneys, so I contacted one and they...
Junior Myers
Permits pulled but how do I know if they passed inspection?
Hey BP! I'm a new investor in the Baltimore City market and while doing my due diligence analyzing deals I'm seeing properties where permits were pulled. My question is how do I know that they actually passed the perm...
Dori Arazi
Selling tenant occupied to a non investor?
How do I approach selling a tenant occupied property to a non investor? If I have to wait for the lease to expire, is there an accepted clause in the lease that can be added for this case scenario?
Joe Capobianco
Is yearly lease signing necessary?
I've brought a new yearly lease to my tenants 3 consecutive years now and the only thing changed on it is the dates of start and end. As im asking questions to my friends and family about their lease I realize some of...
Bocondo Williams
Double lease, how to get rid of current tenant?
I am in little bit of mess right now... We bought this property where tenant was already in place and we assumed current lease. Soon we discovered tenant have pest issues in the property and also had history of paying...
Paul Wurster
Not renewing a lease
Do you send any type of formal document to renters if you are not going to renew a lease?
We are selling the house instead of continuing to rent it out.