Jeff Schemmel
What questions I'm asking during due-diligence, and why it's OK to walk away.
Context: I'm an investor-friendly real estate agent in Minneapolis/St. Paul. On this deal, I was representing a moderately experienced buyer whom I have worked with twice previously in a purchase of a relatively new ...
Jeremy Anan
How should I handle water bill?
We acquired this MF property couple of months ago. It looks like the previous owner paid the water bill for all the tenants whether or not it was included in the lease agreement. We are now in the process of renewing ...
Quianay Laing
Sheriff Sale- Are we on the hook???
We are trying to purchase a home from the sheriff sale. We spent some time doing initial research and also some time in the prothonotary’s office. The woman at the sheriffs real estate office said we are also on the h...
N/A N/A
On short sale do you have to pay back the missed payments?
Hi All,
When I evaluate the purchase price to be negotiated with lender for a short sale, if there are 15K in missed payments do I need to make sure I put that into my calculation?
i.e. loan amount 100K missed paym...
Colin Ferek
BP Rental Property Calculator
Hello BP family!So, Iv'e been analyzing properties on the BP rental property calculator. All of the properties being analyzed I plan to house hack. When I plug the numbers in, I run into negative cash flow If i do not...
Rodney Crawford
HELOC funding current state
Just getting started in the buy and hold rental game in Phoenix and was hoping to fund my first deal with a HELOC from my primary residence. I have 5 calls scheduled with lenders in the coming days but I am hearing th...
Frances Buerkens
Cincinnati MF Marketing Packages
My partner and I scored a last minute meeting with an angel investor, but we are not happy with our current sample deal package. It doesn’t reflect our investing goals and strategies. Does anybody have any marketing...
Burt L.
What Do You Put In Your W/S Contracts To Make Them More Friendly For The End-Buyer?
In drafting your W/S contracts, are there items you draft differently for wholesale deals? The inspection clause would seem to need to run longer, as one often doesn't know who will be doing the inspection.
I unders...
Edward Emerson
Probate leads? How to find them?
Hello! Im new to real estate investing and Im just trying to learn as much as I can! Im starting my first direct mail campaign and was wondering if anyone could point me in the right direction as to how to find probat...
Michael G.
Seller wants to know...
So I have a seller who wants to know the answers to all these questions?
1) If you are not going to buy the house with your own cash why am I signing a contract with you?
2) I need to let my attorney review this con...