John Walston
How to get FSBO under contract?
Happy New Year folks. I have a potential property that I would like to put under contract (first deal), and it's an FSBO home. I'm totally new to this and don't want to build rapport with the owner, without miscommuni...
Everett Marshall
frustrated individual
I have house that I contacted for 8 thousand. Comps have houses in that area selling , on avg 59,000 . It need 20000 in work and I already have a renter ready to go in when is finish. I can't get it to sell, not even ...
Bryce Fairburn
Beginner deal analysis
Hey BP folksAs I am still very new to this, and have a level of nervousness attached to this deal, I am looking for some thoughts and feedback. The property: 2bed 1 bath, 5acre. Detached 2 car garage. Age 10 years ...
Bob Floss II
Comments on Illinois Wholesale Activity
The topic of wholesale activity came up in a discussion among Illinois real estate attorneys. One attorney shared an email exchange he had with an attorney at IDFPR. I'm sharing here to help keep the community inform...
Derek W.
Fun negotiation...opinions wanted
Today I met with a charming and intelligent lady at her sisters house. Her sister recently passed away and she is the sole heir and executor of the estate. We visited and talked for two hours at which point she ag...
Ryan Milne
Buy and Hold Analysis (First Time, Help?)
This is my first attempt (other than daily practice) at running actual numbers for a buy and hold rental property.The listing read: "Nice triplex with good cash flow for sale by retiring landlord! This property has be...
Account Closed
Who likes puzzles? Help me piece together a deal.
Hi BP, I am preparing to ask a relative to sell me his small multifamily residential property in the city of Houston. He's getting ready to retire and move out of the city. I'm going to ask him to sell his propert...
Brian Moncada
Mobile Home Deal
Hello BP, I am currently in a dilemma with a mobile home. The seller would like to sell by the end of the month and on terms (5 year owner financing w/ 7% interest). My questions is do I have to sign a contract with t...
Ryan King
Confused about seller financing...
I've always thought seller financing was a good option in place of traditional bank loans but I'm not really seeing a benefit after looking into it. Most sellers want a balloon payment after 3-5 years. That's pretty f...
Sarah Johnson
Seller never disclosed that property was on a sinkhole
Good day fellow investors. I need advise. I purchased an investment property, my first, in October 2019 in the Tampa, FL area. It’s a townhouse. The seller on the disclosure stated that the property has no sinkholes. ...