So lets say I offer $200K on a property listed for $200K. The seller countered with $220K as the price, but with a $20K credit to me at closing, along with a few other changes to my offer. There must be a reason this ...

Has anyone ever disclosed closing costs to an end buyer who has not signed your assignment contract, or put down a deposit with the title company? I make the buyer pay all closing costs, and I had a buyer tell me t...

I’m wirking on a mid-level flip property with a limuted kitchen countertop budget we are installing ourselves. Because granite and other solid surface options are out of our budget and not necessarily needed in this ...

Hey everyone! Just joined BP after seeing some very insightful threads. Here is a brief background of myself:

Started out (January 2011) part time as an intern for a reputable property management company in Souther...

I have a tenant who lives in a walk-out basement unit in central IL.  She rarely runs her heat and hasn't used the A/C once in the two years she's lived there since being sunken into the earth keeps the unit fairly co...

Hello everyone!  I'm buying my first property, a duplex.  Both sides are 1/1.  One side is rented at $400.  The other side was rented when I started looking at it and they've since decided to move out.  Apparently the...

Fannie Mae house set to close tomorrow and the final walk through discovered all copper pipes have been removed. I want the house, but what do I do. I'm at a lost.....All utilities was on and functional during the app...

I was just doing some due dilligence on a proprety and I spoke to my Insurance Company (USAA), and had a mild heart attack when they told me how much it would be to insure.  1st I ran it online and it came to be ~$6k/...

I recently purchased a Triplex that came with tenants, one of which never paid his rent. I finally got him evicted just over a month ago after going 3 months without rent. I took the initial security deposit and k...

I have just come across an unbelievable opportunity for a mobile home purchase. The original ad asked for $500. When I called, it was offered at $1. The management is even willing to waive 3 (or more) months of lot re...