So, I'm purchasing a property from another investor off market, and the agent is representing both sides of the deal. He had a seller who needed a buyer for his property and I came in as a buyer needing a property. Be...
Hello all,
I am new to RE investing. What is the recommended formula or value for referral fees and wholesaler fees? Can anyone provide guidance on what are the normal parameters that you would expect to pay in thi...
I have a person on section 8 i've kind of been working with. She has a voucher for a two bedroom house, but our unit is a 3/1.5. Will she be able to qualify? She and I are both new to the program and trying to get inf...
Does a 5-day inspection period seem reasonable for a 2 to 3-unit property in Chicago? This is what real estate agent is recommending, but this seems short to me. Would asking for 10 days in this market kill an offer? ...
Hi all
What are standard list agmt terms when selling an investment property? What are ideal terms? I have an agent proposing certain terms and I'd like to get these terms here at BP.
One of the terms proposes that a...
Hi All,We're investors in the DC Area but we'd like to start buying rental properties in Baltimore and rent them out to Section 8 tenants. Can someone tell us about their experience doing this? What were the pros/co...
Hey guys- I've had two agents in two markets. What they did for me was very different. What they charged, in both cases, whatever the standard commission was.In WA it was what I assume is the standard. He would sug...
I found an off market house next door to my sister that I think I could wholesale for the young owner who "just wants rid of it" after a recent divorce. I've run the numbers and the comps/ARV look great. I've never...
Dear fellow investors,I am buying a self storage facility and I am considering a few options. The facility has 200+ units of existing facility and a potential 500+ unit expansion plan. Option 1: CMBS 40% down payment,...
I'm trying to hire a general contractor for my renovation loan project, which is a small project (installing carpets, appliances, water heater, light fixtures and bath fixtures and few extra small items). One of the c...