When faxing an offer to listing agents is it professionally ok to do a LOI rather than a purchase agreement (on REO's or successions for example). Thanks in advance!

Hey BP! I'm on here today to get some thoughts and feedback on a RE seminar/ training that I will be attending tomorrow. The seminar is held by Than Merrill. I missed the training the last time around but I refuse to ...

Nice forum you guys got here, im an investor in los angeles. been in real estate for 12 years in different capacities.

I have been reading all the great articles on my Bigger Pockets emails, but have not entered into the forum until now. My wife just inherited a free-and-clear single family home worth about $90,000. We thought this wo...

Hello BiggerPockets Community,
I'm a newbie landlord I've decided to offer my property as a medium-term rental (typically 1 to 6 months). I believe this duration is ideal for attracting professionals on temporary ass...

Working on negotiating/buying a 3 unit MFP with 3 tenants in place.  How is 'first month' rent treated with a purchase?If we close May 31st, do I get the June rent?  If we close June 1st, should I use the "extra" $$ t...

I tried to find a specific answer to this question but was unable to find it. On a foreclosed home what is the importance of knowing the unpaid balance and fees? I know that any unpaid taxes on the home are owed by th...

I'm about to take control of a multifamily that's currently rented month to month on both sides well below market rent. Currently paying 900 and 950 and expected rent is 1700-1800, double their rent now. I already hav...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $195,000

Cash invested: $27,200

Sale price: $259,000

Contributors:
Peter Vekselman

Partner Driv...

I am about to invest in my first deal and would like feedback before i do, the numbers are as follows;Cost 215,000 est value 230,000 money down 11,000 (va loan)30 year mtg at 1300 a month it is a quadplex and i will l...