Eva Henry
Is Realtor Referred Attorney Acceptable?
I'm on the way to purchasing my first property!!! My offer was accepted on Sunday. My realtor had an attorney to review the contract draft and referred them to me for the review. Is it common practice to use the atto...
Bob Beach
Seller Financing. Good idea?
We're selling a few houses in Memphis, and we have interest (letter of intent), on one house that's requesting, "Seller Finance". They're offering a few thousand more than asking and will also pay agent fees. Our agen...
Noah Lomax
Chicago Buyer Unresponsive after Inspection Reply from Seller
Hi folks,We are currently under contract for a condo sale in Chicago. The buyer requested an extension to inspection, which we granted (two days). After inspection, we replied to the buyer’s requests within a few hour...
Chi Sastry
Appraisal Addendum - question.
I’ve put a contract on a 4-plex in NC and the seller wants me to fill out this addendum. Should I - if it’s not a big deal- which is the best option? I’m talking to a lawyer tomorrow also
it sounds like for any r...
Mike Percy
GA RE attorney says land trusts not legal; use living trust + LLC
Hi BPers (and, I hope, helpful lawyers),I have read online that one can secure traditional financing while getting asset protection by getting a traditional residential mortgage in one's own name, putting the title in...
Bret Ballard
legal requirements for TN private lending
Hey everybody,
I think I'm stalled on my current path and need to make a pivot to make progress.Plan: Brother is setting up SDIRA to lend to me for building and selling spec homes. We want to make it legal and protec...
Victor Kao
Dealing With Problem Tenant Starting Day 1
I am a small landlord with only 2 properties. And less than 2 weeks ago I signed a lease with a new tenant. There are a few red flags that I see quite clearly now but kind of turned a blind eye when I signed the lease...
Robert Burns
Are Rent Credits Common in Lease Option Deals?
I am trying to decide if I want to include rent credits in my lease option deals. I have read opinions in both the negative and positive. One question I get frequently from my tenant buyer prospects is "Will my rent...
Elizabeth S.
A Never Ending Saga of Bullshit
Hey all,I need to vent this story. I feel so burned by REI right now I just can't wait for this fiasco to be over with. This is what's going on:April 2017I was living with my ex-boyfriend in Queens, NY and looking for...
Christen G.
My tenant is suing me...🙄
Hey folks, looking for any experiences you can share that are similar and/or advice on how to best prepare for this upcoming Mediation date. I've never done this before.Here's the story: we inherited a Section8 tenant...