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I am new in real estate investing and am currently in the phase of getting educated and networking to make the right connections. My goal is to have my first investment property before the end of the year. As I am sta...
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I don’t want to sign a contract with one realtor because I’m not quite sure how the relationship will work. I don’t want to be roped into a situation where I need to see a property right away and they may not be avail...
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Hello BP,My name is Gilbert Montero, I go by Gem. I’m 34 years old, grew up in the Philippines, emigrated in the US when I was 21. Have been living in AZ ever since. I’m a newbie investor based in Gilbert, AZ. Me and ...
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Hi,
There is an individual I know that is trying to get me to fund a note that he is brokering. He structures the transaction so that the Borrower executes the Promissory Note and Deed of Trust in favor of the indiv...
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Ok, so I'm no REI guru (yet), I have purchased two primary residences, and have two other rentals, but I have never heard of an agent charging to look at a property that I'm going to use them to purchase. Am I old (do...
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Hey BP family, I recently purchased a property in Brooklyn New York. My neighbor recently brought it to my attention that my building is encroaching on his driveway by 6-12 feet. When I was in the process of purchasin...
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I’m tired of flat-fee brokers posting FSBOs on the MLS. I spend hours and money yearly on subscriptions, CE courses and marketing for the privilege of using the MLS. We’re not even permitted to share our password and ...
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Hi Chicago folks. Could you shed light on the following scenario:
- Tenant on a year-long lease that ended August.
- Tenant continued to pay rent September and November.
- No new lease was signed.Two questions (on...
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So I think I overpaid for a rental, which was a mistake. The bigger mistake was that the price triggered a much higher tax bill that is killing me. But let's focus on what I can change. I'd like to increase rent and ...
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How many of you have offered your properties on lease w/option to buy? What were the terms of that? Meaning did you charge X amount down up front and a lease term of X amount of time? After which point their down woul...