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Hi Checking property for purchase in Woodstock GA in the house has a basement full of mold and neglected, the owner is not willing to take into account the costs of renovation of this basement , claims that he has alr...
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All:I just had an investor friend casually mention to me that he had just left a negotiation with a seller in which he saved $10,000 on the purchase price. In one hour.That's an incredible return on his time. And it g...
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While rehabbing a house, I met a neighbor who wants to sell her house. We have had a couple light discussions but have not discussed numbers yet. I went online to the local appraisal district and found out her name is...
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I recently purchased a house with 3 mobile homes together. The advice of the BP community was very helpful. Thank you guys! This property is cash flowing about $600 a month. Now as I prepare for my next multifamily, I...
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Should I bring in a business partner?
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Hi all,Is it frowned upon when you try to negotiate on an REO property? I am a newbie investor looking at properties to BRRR. I am seeking REO properties and am about to enter into the process on my first property. Ha...
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I'm negotiating with seller on a 3/1 SFR with a 1/1 apt over the detached garage. Seller is willing to come down to a price point that works for me and my numbers - but the place is occupied. The 1/1 apt is fairly clo...
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I am buying a duplex, the seller (or should i say their agent that they communicate through) has been very aggressive, requesting “best and highest” offers from everyone at first. I won’t go into details but we are in...
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We were trying to place a bid for a property in the Los Altos area. The selling agent told us there were 7 offers and we were in the top 3. They were working on a counter offer for the top 3 offers. After an hour or s...
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Hello all,I am in negotiation with a small business tenant (beauty sector) of a commercial retail property we bought last year. The property has several suites, tenant leases 1,200sf, initial lease term comes to an en...