Moises Guerra Garcia
Negotiating while under contract (after offer accepted)
Hi!
I recently placed a $550k offer on a home priced at $599k on Zillow. The seller eventually agreed to $565k. The house was built in 1950. I am currently under contract until Tuesday. Can I still negotiate after f...
Javier Osuna
Wholesaling question: What if the seller I'm working with is already working with a realtor?
Hi all,I'm on the verge of going out there and beginning my marketing phase on my seach for properties to wholesale and want to make sure I have this question answered before I'm actually faced with this scenario: Sup...
John Livingston Bullier
Unrecorded Oil and Gas Lease (Lessee is ExxonMobil Corp.)
Hey BP!
I'm representing a buyer who is in contract to purchase a property that is subject to an oil and gas lease to ExxonMobil recorded in 1974.
The kicker? The lease itself was not recorded, only a "Memorandum" ...
David Moore
Offered on Private Listing - Estate Issue
I found out about a great property listed for sale on Craigslist in my investing area in Southern Minnesota. I made an offer through my buying agent about a week ago, and while the seller has probate issues, we have ...
Adrian M
Inspection Prior to Builder Warranty Expiration
I have a property that is approaching it's Builder Warranty expiration date. I'm considering having an Professional Inspection done to determine if I have any items that I may need to address with the Builder. I'...
Dong Yan
shall I keep section 8 tenant?
I am planning to make an offer for a duplex, one is vacant and another has long time section 8 tenant. The seller doesn't want to vacant them and we can only vacant them after we bought the property according to the s...
Brian Dvorak
How to Get Tenant to move out or pay higher rent
Here is the situation - I purchased a home in Indianapolis and the seller claimed the rent was $650. The tenant claims she has been paying $480. When I asked her to provide a copy of the lease, she sent one that expir...
Acie Martinez
Need advice - tenant gave me 15 day notice
I have tenant for 6 years with an annual lease renewal. The lease states that owner and leasee must provide a sixty day notice.
About 60 days before the lease expires, I spoke to tenant and the tenant wanted to rene...
Nhan Wayne
Move-out with less than 30 day notice
Hi all, I am still relatively new to BP, and have a question. Any input/suggestion is greatly appreciated. I have tenant that move out but didn't give me 30 day notice. I was fortunate enough to find out about it w...
Jake Thompson
No Cause Lease Termination For Owner Occupied Loan
Looking for some advice regarding house hacking a property that has leases in effect. This may be a question for an attorney (specific to my state) and the underwriters, but I figured I would ask here as well.Looking ...