Looking for experiences and thoughts from multifamily owners and investors:Because property marketing packages can often times be misleading (i.e., understated expenses and vacancy; overstated rental revenue), it seem...
Hey BP Community,I'm still new to real estate investing and the art of the wholesale. It seems that my biggest roadblock to success my inability to get great deal financially viable homes I plan to wholesale locked up...
CA Breach of Contract/Early Termination paragraph (painting) - Within this paragraph, painting cost related to the preparation of the property to re-rent is listed as a recoverable item.
Can I recover the cost of pai...
In personal deals, delays are covered in a 'deal with it or walk' scenario by both parties...meaning neither party tries to recover expenses created by delays. Except banks.
Banks have clauses where buyer delays a...
Hello, I've got a perfect deal on the table and have negotiated a killer price.I'm meeting with the seller tomorrow and have but one problem- I'm not sure how to fill out a contract and am not sure which contract to u...
Hello BP community! I had a question - how much did you spend on getting your purchase agreement and assigment agreement reviewed by an attorney? I got a quote today that seemed on the high-side. I'm curious to hea...
I have a contract on a property that I went to view out of state. When I looked at the property there was an AC unit. Per my lender's request, I ordered a BPO over the weekend, and I got my report which stated that th...
Hi Everyone,I've been doing my research and cannot find a solid answer to this question, and maybe that's because it does not exist. I work with a small short term property management company that is struggling with a...
Hi everyone,
I am reviewing a property management contract for the PM company that works with a turnkey provider I'm thinking of doing business with for a property in Indianapolis.
1. First month's rent, not to e...
I am eyeing wayne counties upcoming tax auction. I believe in Detroit and wholeheartedly believe that it is a goldmine for investors (even despite recently filing for bankruptcy) willing to take risks. I'm fairly...