Regan Coakley
Are these closing fees too high?
I am a first time investor and am purchasing an investment property in Baytown Texas for $200,000 (single fam). I was expecting the closing costs to be around 3% but they are closer to 7-8%. Is this reasonable? I a...
Andrew Quinn
How can an agent help me if I am wholesaling (assignments)?
I am doing direct mail to find off market leads. I intend to wholesale deals using assignments for a while to build up capital for flips and rentals. I just finished listening to podcast #200 which talks about the 20 ...
Daniel Nolan
Getting Reos Under Contract and Closed with other peoples' money
After much research on MLS as recent licensed agent in Florida, I'm attracted to REO wholesaling. As a past landlord and late in life, I need to generate income fast but can't afford expensive marketing. I'm a membe...
Isaac Hayes
Influencing the Appraisal Price
On my first deal in Columbus, Ohio, the appraisal came back at the exact purchase price. My understanding is that the lenders usually want the appraisal to come back at exactly the purchase price so buyers aren't allo...
Heather M.
Closing Agents? Title Insurance?
I am undoubtedly about to make a few veterans groan with my ignorance in this post so sorry in advance! Having NO real estate experience whatsoever, I became interested in wholesaling about 5 days ago- I have no coach...
Frank Z.
Misrepresentation? What should I do?
Hi,
I am my own real estate agent and I recently got a property under contract. The description the selling agent added on the MLS said the property was rentable via Airbnb. When I asked for the bi-laws he dragged h...
Peter Walther
Is purchasing real estate with crypto a securities violation?
I thought I'd re-post this review of a GA decision in a lawsuit involving a breached contract.Shea v. Best Buy Homes LLC, 533 F.Supp.3d 1321 (N.D.Ga. Mar. 30, 2021)
Agreement to pay purchase price for real estate in ...
Jonathan Buelow
First time property manager shopping (long term rental)
I am buying my first rental property and am looking into hiring a property manager. The property is a 4-units, 2bed-1bath multifamily, located in a more depressed area of the town, so many of the owners in that area s...
Matthew Cassidy
How to Lower a Price with a Emotionally Invested Seller
Hi Bigger Pockets Nation,Need some help.Seller is selling a 4 unit building (quadplex/Four Family), older guy been in the family for years and handed down in the familyComps:1. Same area 275K for a 4 unit building las...
Todd M.
Property Manager recommendations in Minneapolis
Hi,Any recommendations for property managers in Minneapolis? I need to find one for my duplex and four-plex. I prefer to pay a percentage of rent vs. per door fee. Ideally, the company could take of lawn and snow r...