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Hello everyone! I need advice, I am attempting to buy a 3 bed 2.5 home (My very first home) from a older gentleman with; no representation who is trying to move out of state ASAPWho refuses to pay a broker fee (becaus...
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Dear BP Gurus,What is the level of inspection investment to perform during the due diligence period for a 10 unit, Class C property that is 40+ years old in the South East part of Houston? Given the age of the propert...
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So I walked through an AS-IS REO today. It's a 3 Bedroom 2 bath Brick Ranch with a basement. Upstairs needed a standard kitchen/bath update, new paint, etc. It seemed pretty standard to me.... but then I walked into t...
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Hi BP universe! Negotiating what will be my 1st deal as a seller/investor, the property in question is a duplex in a fast-growing, popular rural river town with lots of city commuters. Negotiations have taken a bit of...
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Hello BP,
Brainstorming how to purchase my next property and I came up with this idea and I'm curious as to what your thoughts are. These numbers are made up as an example but I have a few properties that are distre...
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After 7 months of looking at deals and feeling like we weren't making much progress, we came across a listing for a 3,000SF SFR on a quarter acre, with a pool and a detached garage, and 'enter at your own risk' as par...
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Hi all, I have a question regarding home inspections:1) After placing a property under contract with a signed accepted offer with an inspection contingency. Can the Seller back out the offer if the Buyer asks for an i...
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I am hoping to get my first buy and hold property under contract by the end of the month. I feel comfortable estimating ARV but am too new to nail down the rehab costs. I have read J Scott's book, and it is a big help...
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I've been watching the webinars, BiggerPockets YouTube videos, taking notes, etc. The advice is always:
1. Leads2. Analyze
3. Pursue
4. Success
Find deals, analyze them, make enough offers and eventually yo...
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HI - I'm closing on my first property in 2 days. I did a final walk through inspection today and the place smells excessively! What should I do? The agent thinks the smell maybe from a dead mice or squirrel and that I...