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I'm looking to purchase a motel. The seller wants 2.5% of the sales price for the earnest money deposit with a 30 day contingency period and a 45 day close. It would include seller financing. Does this sound reasonabl...
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I'm interested in tax auction houses because they're cheap. However, I read a book about big mistakes to not make in real estate and it talked about not buying tax kittens without knowing a ton about them. But how muc...
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Let’s say a realtor drove the seller to the closing just to bust you as a wholesaler. Let’s say the realtor highlights the assignment fee on the HUD and now your $40,000 check isn’t there. And now the realtor has plan...
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I am hearing about a Wind port coming to Salem New Jersey. It is a 400 million dollar project that will bring allot of construction jobs and 1500 jobs to run the port. Does anybody know about this and what are your...
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Hello,I own 100 properties in my own LLC. I have a lot of experience managing long term rentals, flips etc.Two family members of mine have formed an LLC, each putting in an equal amount of cash. The intent is for th...
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Hello BiggerPockets community,
Background: I am closing on a duplex soon. During the inspection, I met all the tenants. At first glance, they seem nice and reasonable. I will rehab the property and accommodate to the...
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Hi Everyone - hope everyone is staying safe. With Encore opening in Everett and seemingly not doing so hot, I wanted to get your take on the outlook of Everett. I live in JP and went to Everett for the first time (yes...
From what I've read online, it covers 'minor kitchen and bath remodels' but not 'major remodeling'. That's pretty broad. Does anyone have any experience or knowledge with more specific details?
Example: let...
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Hellooo fellow Bigger Pocket professionals my name is Toshia Booker-Blakeley and I am new to RE Investing here in Chicago. However, I do have extensive experience in real estate. Currently I am a licensed Managing ...
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Greeting BP!
I have tenants whose lease is about to expire. They’ve been pretty great and I️ offered them a year long extension. We will be signing a new lease within the next week.
Suddenly, after we’ve agreed to ne...