Calvin Kwan
Contingencies in a competitive market
Hey Guys,In a competitive market, what time frames are you giving on your contingencies? My agent is suggesting a 10 day loan, appraisal and inspection. 30 day close.Does that seem a bit aggressive? We've identifie...
Belinda Mang
Making Offers in Competitive markets
Hi BP,My husband and I have been fans of the BP for a hot minute, and finally feel ready to start acquiring properties. We’ve made a few offers and none have panned out so far. I am wondering if y’all could provide so...
Bruce Ray
Investing in a Competitive Market
I joined BP a couple of weeks ago and have been researching properties in my area. The majority of the properties in my area are between $115 to $130 sq/ft. Rents average $0.95 to $1.15 sq/ft. I have been utilizing t...
Stephen Mattison
Competitively priced modular home builders?
I'm interested in buying undeveloped parcels, developing them, and then putting modular homes on them and reselling.I have in the past done this with a volume home builder instead of modular, to moderate success. Howe...
Andrew O.
Purchasing competitively priced MF Units
Good morning BP Family,I've been reading the forums for a while, but this is my first post. A quick intro about myself, I purchased my first rental property in Oct. 2017 and currently have 16 units. I've mainly inve...
Danny Redding
Offer letter for competitive markets
A couple months ago I saw a post regarding an offer letter that was specific to competitive markets and trying to ensure that your offer(s) are accepted. I’ve tried to locate it and I thought I bookmarked the post but...
Chuck Patel
STR COMPETITION THROUGH CLEANING FEES!
iN THIS COMPETATIVE MARKET I SEE QUITE A FEW FOLKS CHARGING A LOW CLEANING FEE TO NO FEE AT ALL. TO ME IT SEEMS YOU ARE BUYING A JOB AS A HOUSEKEEPER. I AM IN A SMALLER MARKET IN GEORGIA AND IN THE PAST YEAR MULTIPL...
William Coet
Deed Restriciton to Prevent Competition
Hello,When selling a piece of land can a deed restriciton be used to prevent the buyer from developing a certain type of asset on the land (commercial, multifamily, etc)? Can the deed restriction be lifted by future o...
Rico S.
THE COMPETITION IN REAL ESTATE
My name is Rico and I am fairly new to REI and love the BP family. This site is great and has a lot of great information that gives newbies like a the necessary confidence needed in moving forward and pulling the trig...
David Lyons
What's a competitive investment loan
I was quoted 4.75% and 3 points on a $127,500 loan (25% down on $170k purchase) Trying to figure out if that's competitive or not.
My credit score is good-great, in the 680 - 720 range. I have no debt. I won't sa...