Is Earnest Money mandatory when doing Wholesale Deals? Would closing a deal in (2) weeks from the signing of the contract be an incentive in exchange for no Ernest Money down ? Earnest Money has to be returned to the...
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I rented an apartment ages ago. When I finished my lease and left, the landlord deducted an amount for professional cleaners from the security deposit, although I did not leave the place excessively filthy. Now, I am ...
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Hi, I was analyzing a potential real estate property. The ROI is anywhere from 15-22% depending on how low I can get the purchase price. Cash flow is ~$350 a monthly but it doesn't meet the 2% rule (it's at 1.50%). So...
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Hello Everyone,Can a bank approve a short sale LESS THAN offered price?Is it mandatory, for the listing agent or seller negotiator to submit the purchase agreement to the lien holder bank? In other words, does bank ne...
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Hello everyone, so I took the prelicensing courses for the broker exam many years ago, but by now have forgotten virtually everything. Effectively it is as if I never took them... Since retaking them all would obvious...
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Hello,Thank you for taking the time to look at my post. To start off I would like to know what I should expect when investing in properties for fix and flip. I know the basic things that come with flipping houses, b...
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Hi, We're going to buy a property in un-incorporated San Bernadino county which has two old manufactured houses which we want to fix and rent. (one is after 1977, and the other is pre 1975)I wonder if there is any che...
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California Assembly Bill AB 2962 was approved and signed into law by California Governor Arnold Schwarzenegger on September 22, 2006.
California's current income tax withholding law enacted in 2002 and effective Jan...
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Hello BP Family. So I am looking into buying some land to build chicken houses on. The land is great, the numbers are working, I'm in a family of farmers so we understand all we need to know to know that this land is ...