Christen G.
In contract: time for rent rolls and leases?
I’m in contract on a 7-plex for well under listing. It’s a C class property - which I’m familiar with and have operated. On paper this is a win of a purchase for me. I can provide a fast purchase and close (buying in ...
Justin Green
Moving on First Deal SFR plus lot for new build and parcel
BP community,
Seeking advise from others who have done a parcel/new build on included lot before. I am a RE broker and just received some great info on an early market listing. I will keep details general t...
Sharon Porter
Having a Tenant helping with maintenance
Need advice on this issue. I have a tenant that I use to keep the yard clean and take out the trash. I take some money off the rent. Do you think that this is a good idea. The reason for my concern. This is a 2 family...
Doug Price
Order of Typical Wholesale Transaction
To this point I have followed this typical pattern of getting my deals closed once I have a seller:1. Make a verbal offer.2. Evaluate the home.3. Write the contract.4. Renegotiate the price if needed based on potentia...
Belinda Steinwachs-Dicus
Foreclosure or Deed in Lieu
Please I’m desperate for guidance on this matter. The balloon payment due to me as a private lender has not been paid. At the first of May The borrower asked for a one year extension. I agreed to a one year extension ...
Rodney Buford
Commercial Property Deal (Good Deal or Bad Deal)
BP Colleagues,I am hoping to get some input on a potential off market deal that I am struggling to pull the trigger on. I am over analyzing this and is causing me to confuse all of the numbers. I realize at the end ...
Thomas Jaskulski
How far out to set the closing date on a wholesale contract?
I'm new to REI and I haven't done a single deal yet, but I have been confiding in a good friend that has been doing BRRRR's for a few years now. My starting strategy is to do a few fix & flips to build some cash r...
Eleena de Lisser
Walk me through a private lending scenario
I've been reading up on private lending and I understand how it works for wholesaling and fix/flipping. (Find private lender, use funds to control, acquire and/or rehab property and then pay off lender with inter...
Jeremy Jackson
Need some advice on structuring offer
Happy holidays BP'ers!I've found an off market property.Asking: $45kNeeded repairs: $10kARV: $75kMonthly rent: $900/monthProperty taxes: $483 annuallyHouse is in a good neighborhood, nice lot, good bones, mostly ...
Llewelyn A.
Unable to Deliver Marketable Title Return of Earnest Money
Unable to Deliver Marketable Title Return of Earnest MoneyA friend of mine, Kevin, recently is in a situation which I cannot seem to understand fully, but am hoping a Real Estate Attorney can shed some light on the su...